Five Below Plunges 19.45% on Trump's 10% Tariff Announcement

On April 3, 2025, Five Below's stock experienced a significant drop of 19.45% in pre-market trading.

This dramatic decline can be attributed to the announcement by President Donald Trump of a 10% tariff on all US trading partners. This move sent shockwaves through the market, particularly affecting companies with substantial investments in imported goods, such as Five Below.

The tariffs are expected to have a profound impact on the supply chain and operational costs for companies like Five Below, which relies heavily on imported goods. The increased tariffs will likely lead to higher costs for these companies, potentially affecting their profitability and stock performance.

Investors are closely monitoring the situation as the market adjusts to the new tariff policies. The uncertainty surrounding the economic implications of these tariffs has led to a wave of selling in the stock market, with Five Below being one of the hardest hit.