TJX Companies drops 4% in a single session, testing the $140 level
As seen on the 24/7 Wall St. homepage on November 5, 2026.
A 4.07% slide to $140.18 from a $146.12 open takes roughly $6 billion off the $154.9 billion off-price retailer, an unusually sharp session for a name that normally grinds rather than gaps. Next check is whether $140 holds.
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The stock slid all session, settling near $140.18 without recovering meaningful ground. For a name known for steady, gradual moves, a single-day loss of that magnitude is notably out of character.
The selling erased roughly $6 billion in market value from the off-price retailer in one session. That kind of capitulation in a name that rarely gaps forces portfolio managers to pay attention, regardless of their existing position.
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Persistent selling ran through regular trading hours with little sign of buyers stepping in at any point. The absence of a sustained bounce matters more than the size of the drop itself.
The $140 level is now the immediate line to monitor. If that price holds on subsequent sessions, it marks a floor where value-oriented buyers emerge. If it gives way, the next support area becomes the focus.
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Mentioned: TJX