Why Dollar Tree Stock Surged More Than 8% Higher Today

In the eyes of investors, one of the most encouraging actions a company’s management team can take is to confidently load up on its own shares. The manager making the buys was no less than CEO Stewart Glendinning, who disclosed in a regulatory document filed near the end of Wednesday’s trading session that he purchased a total of 17,000 shares of Dollar Tree’s common stock. Neither Dollar Tree nor Glendinning has officially commented on the CEO’s move.

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