Why Five Below Stock Is Dropping This Week

The stock of Five Below (NASDAQ:FIVE) is losing ground to a rising market this week. The stock had dropped 10% by 2 p.m. EDT Friday, compared to 0.2% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.

The drop was sparked by a poorly received earnings report, yet the stock is still in positive territory so far in 2021.

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