On this episode of Stock Movers:
- Dollar Tree (DLTR) shares surge. Dollar Tree Inc. boosted comparable sales last quarter despite a decline in customer traffic by getting shoppers to spend more. The results show the impact of the discount chain’s strategy of converting locations to offering higher price points, a shift away from selling items for about $1.
- Best Buy (BBY) shares soared after the electronics retailer reported sales that topped estimates as demand for consumer electronics held up in the face of inflation and soaring gas prices.
- Snowflake (SNOW) shares surged after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.

On this episode of Stock Movers: - Dollar Tree (DLTR) shares surge. Dollar Tree Inc. boosted comparable sales last quarter despite a decline in customer traffic by getting shoppers to spend more. The results show the impact of the discount chain&rsquo;s strategy of converting locations to offering higher price points, a shift away from selling items for about $1. - Best Buy (BBY) shares soared after the electronics retailer reported sales that topped estimates as demand for consumer electronics held up in the face of inflation and soaring gas prices. - Snowflake (SNOW) shares surged after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.&rsquo;s cloud services and chips.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Dollar Tree Surges, Best Buy Jumps, Snowflake Rises Most Since 2020 on Sales Outlook, Amazon Deal

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