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Ollies Bargain Outlet Holdings Inc Ranks 259th in Trading Volume with $31.1 Million Turnover Despite Stock Price Decline
Generated by AI AgentAinvest Volume Radar
Friday, May 23, 2025 8:01 pm ET1min read
On May 23, 2025,
, Inc. (OLLI) saw a significant increase in trading volume, with a turnover of $31.1 million, marking a 220.64% rise from the previous day. This surge placed at the 259th position in the day's trading rankings. However, the stock price experienced a decline of 2.99%, marking the fourth consecutive day of losses, with a total decrease of 8.17% over the past four days.Ollie's Bargain Outlet Holdings, Inc. is a holding company that specializes in the retail of closeouts, excess inventory, and salvage merchandise. The company's business model focuses on offering discounted goods, which has been a key driver of its success in the retail sector.
D. E. Shaw & Co. Inc. recently reduced its holdings in Ollie's Bargain Outlet Holdings, Inc. by 64.9% in the fourth quarter. This significant reduction in stake by a major investor could potentially impact market sentiment and investor confidence in the company.
KeyCorp analysts have raised their target price for Ollie's Bargain Outlet Holdings, Inc. from $125.00 to $135.00. This upward revision reflects a positive outlook on the company's future performance and potential for growth. The average price target for OLLI, based on 15 reports, stands at $124.20, indicating a generally optimistic view among analysts.
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