Why Dollar Tree, Tractor Supply, and BJ's Wholesale Club Stocks All Fell Today

Why Dollar Tree, Tractor Supply, and BJ's Wholesale Club Stocks All Fell Today

Wednesday was a rough day for investors in many retailing stocks. Dollar Tree (NASDAQ: DLTR), Tractor Supply (NASDAQ: TSCO), and BJ's Wholesale Club (NYSE: BJ) shares each fell by more than 10% by 12:30 p.m. ET, compared to a 2.7% slump in the S&P 500. The retailing segment seemed to drive the decline in the wider market, and that pressure came from tough earnings news out of Target (NYSE: TGT), one of the industry's biggest players.