The Wall Street Journal pointed out a peculiar new trend on social media, where influencers are not showcasing their lavish purchases but rather going the opposite route, embracing a “No Buy” trend. Consumers are tired of inflation and lofty credit card interest rates and have deemed 2025 a year of frugality.
NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Five Below, Inc. (NASDAQ: FIVE) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Five Below insiders caused the company to misrepresent or fail to disclose the true nature of the company's financial ...
Stocks soared in the first trading day of President Trump's second term, and some of the biggest winners today were Wayfair (W 8.09%), Dollar General (DG 5.11%), and Five Below (FIVE 5.76%).
Two of the worst-performing stocks in the retail sector over the past year have been Dollar General (DG -1.18%) and Five Below (FIVE -2.36%), with both stocks' value cut in half over the past 12 months, as of this writing.
Five Below (FIVE -2.36%) is a retail chain of 1,749 locations as of the end of the third quarter of 2024. The chain is popular with teen and preteen shoppers who are looking to get trending products at cheap prices.
With the market rallying nicely during the past couple of years, investors undoubtedly have every reason to be bullish. But there are certain businesses that continue to disappoint their shareholders.
Shares of Five Below Inc (NASDAQ:FIVE) are up 5% at $101.88 at last look today, rebounding from last week's 11.1% drop, its worst weekly percentage loss since June.
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