What Caught Our Attention in the Investment World? – Week of November 15-19, 2021

By Kuldip K. Ambastha

On Monday, November 15, 2021, the stock of Dollar Tree, Inc. (DLTR), a prominent and popular discount variety store chain operator in North America, had a gain of +14.3% per share for the trading day. (See What Caught Our Attention in the Investment World? – Week of September 27-October 1, 2021; By Kuldip K. Ambastha for prior coverage of Dollar Tree.) An activist investment firm named Mantle Ridge has acquired a $1.8 billion stake in Dollar Tree and is pushing for changes which will make the company more valuable in the long run. Mantle Ridge primarily is wanting Dollar Tree to change its pricing structure at Family Dollar, which had been acquired by Dollar Tree in 2015. Furthermore, it is also wanting higher prices at Dollar Tree-branded store locations. Equity research analysts on Wall Street are bullish on Mantle Ridge’s requests, and analyst upgrades of Dollar Tree helped the stock price increase significantly. Expect potentially higher prices at your local Dollar Tree and Family Dollar store locations going forward.

Keywords – Dollar Tree, Inc., Dollar Tree, DLTR, Family Dollar, Mantle Ridge, dollar store, $1, $1.00, North America, Wall Street, equity research, analysts, bullish, upgrades.

Disclosure – The principals and clients of Ambastha Financial LLC have no positions in DLTR.

Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2021 – Ambastha Financial LLC.




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