The 2 Stocks Everyone's Watching Thursday Night
Knowing what's happening now could help you tomorrow.
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Shares of Dollar General are up more than 7% before the opening bell Friday after the discount chain said Todd Vasos will be returning as CEO after a streak of disappointing quarterly profits. The company has also wrestled with a number of labor issues. In July a National Labor Relations Board judge said that Dollar General violated federal labor law and “clearly intended to interfere” with worker rights in efforts to quell unionization at a Connecticut store.
Dollar General (NYSE:DG) has a lot of items that sell for more than a dollar, but the company's products are nonetheless offered at cut-rate prices
Dollar General announced that it's bringing back its former CEO to help stabilize the business, which has faced several disappointing quarters and labor violations.
Vasos replaces successor as board seeks someone to 'stabilize the business'