Why Tractor Supply Stock Fell 11% This Week
Tractor Supply (NASDAQ: TSCO) shareholders lost ground to a falling market this week. The rural lifestyle retailer shed 11% through trading on Thursday compared to a 3% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. Walmart and Target each lowered their short-term earnings outlook this week, causing most retailers' stocks to fall in sympathy with these giants.