Family Dollar Stores Rises On Unusually High Volume (FDO)

NEW YORK ( TheStreet) -- Family Dollar Stores (NYSE: FDO) is trading at unusually high volume Wednesday with 3.5 million shares changing hands. It is currently at 2.8 times its average daily volume and trading up $2.14 (+3.4%) at $66.09 as of 10:36 a.m. ET.

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Family Dollar Stores has a market cap of $7.39 billion and is part of the services sector and retail industry. Shares are up 0.9% year to date as of the close of trading on Tuesday.

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States.

TheStreet Ratings rates Family Dollar Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Family Dollar Stores Ratings Report.

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