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Based in Philadelphia, in the United States, Five Below is a chain of discount stores geared towards a younger demographic. Five Below opened its first store back in 2002. Fast forward to today, the company has over 600 locations in over 30 states. Five Below offers a wide range of products, including games, toys, candy, fashion accessories and more. All of its products are priced at under $5. Five Below, listed on the Nasdaq as FIVE, went public in 2012, with a single share valued at $17 and a total valuation of $901 million. The company was able to raise $163 million as a result. FIVE stock is part of the S&P MidCap 400 Index. Five Below is well-known for its philanthropic activities. The company often donates large amounts of capital to charities involved in helping underprivileged children and international organizations that provide aid to victims of natural disasters. Five Below also encourages individual stores to partner with local charities. Diversify your portfolio by trading FIVE stock on the eToro platform. Start today.
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