NEW YORK, October 4, 2017 /PRNewswire/ --
If you want a Stock Review on WMT, FRED, TUES, or BIG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com covers four equities in the Discount Variety Stores space, and they are Wal-Mart Stores Inc. (NYSE: WMT), Fred's Inc. (NASDAQ: FRED), Tuesday Morning Corp. (NASDAQ: TUES), and Big Lots Inc. (NYSE: BIG). Discount stores are directed to a specific demographic; normally lower to middle income customers. The demand for this industry is pushed by the spending habits of customers and an increase in population. Register now and get full and free access to these DailyStockTracker.com research reports at:
On Tuesday, shares in Bentonville, Arkansas headquartered Wal-Mart Stores Inc. recorded a trading volume of 7.94 million shares. The stock ended at $79.22, rising 0.98% from the last trading session. The Company's shares have gained 1.08% in the last one month, 5.18% over the previous three months, and 14.61% on an YTD basis. The stock is trading above its 200-day moving average by 6.42%. Furthermore, shares of Wal-Mart Stores, which operates retail stores in various formats worldwide, have a Relative Strength Index (RSI) of 48.21.
On September 28th, 2017, Wal-Mart Stores has committed $5 million in support of Hurricane Maria relief efforts. This builds on the commitments previously announced by the Company and the Walmart Foundation, totaling $35 million to support 2017 hurricane assistance in response to Hurricane Harvey and Hurricane Irma. Access our complete research report on WMT for free at:
Memphis, Tennessee headquartered Fred's Inc.'s stock finished yesterday's session 1.21% higher at $6.68 with a total trading volume of 464,948 shares. The Company's shares have gained 10.05% in the last one month. The stock is trading above its 50-day moving average by 2.64%. Furthermore, shares of Fred's, which together with its subsidiaries, sells general merchandise through its retail discount stores and full-service pharmacies, have an RSI of 50.75.
On September 06th, 2017, Fred's announced that it has appointed Heath Freeman as Chairman of the Board of Directors, effective immediately. Mr. Freeman succeeds Thomas J. Tashjian, who is retiring from the Board. The complimentary research report on FRED can be downloaded at:
At the close of trading on Tuesday, shares in Dallas, Texas headquartered Tuesday Morning Corp. saw a decline of 1.61%, ending the day at $3.05. The stock recorded a trading volume of 494,741 shares, which was above its three months average volume of 453,760 shares. The Company's shares have surged 38.64% in the last one month and 64.86% in the previous three months. The stock is trading 44.04% and 2.14% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Tuesday Morning, which operates as a retailer of upscale decorative home accessories, housewares, seasonal goods, and gifts in the US, have an RSI of 72.28.
On October 02nd, 2017, Tuesday Morning (TUES) announced that it has entered into a cooperation agreement with Jeereddi Partners, LLC, Purple Mountain Capital Partners, LLC and their affiliates, under which the TUES Board of Directors has agreed to nominate Mr. James T. Corcoran, CEO of Purple Mountain Capital Partners, LLC, as an independent director candidate on its slate of director nominees for election at the 2017 Annual Meeting of Stockholders. Register for free on DailyStockTracker.com and get access to the latest report on TUES at:
Columbus, Ohio headquartered Big Lots Inc.'s shares ended the day 0.17% higher at $52.01 with a total trading volume of 737,689 shares. The stock has gained 8.83% in the last month, 8.20% over the previous three months, and 3.58% on an YTD basis. The Company's shares are trading 4.53% above their 50-day moving average and 4.74% above their 200-day moving average. Additionally, shares of Big Lots, which through its subsidiaries, operates as a non-traditional, discount retailer in the US, have an RSI of 60.19.
On September 25th, 2017, research firm Morgan Stanley initiated an 'Overweight' rating on the Company's stock, with a target price of $58 per share.
On September 28th, 2017, Big Lots announced the relaunch of its Give Big for Kids national point-of-sale fundraising campaign to benefit Nationwide Children's Hospital and its efforts to provide care to children in all 50 US states and more than 52 countries from around the world. Donations will be accepted through October 29th, 2017, at Big Lots stores and online with 100% of all proceeds raised directly supporting the hospital. Download your free research report on BIG at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.