Ross Stores Inc. Stock Rises Monday, Outperforms Market

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Growth

Company profile

Boxed, Inc. (Boxed) operates an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers. Boxed operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a big-box store membership. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology.

Ross Stores Inc. Stock Rises Monday, Outperforms Market

5:22 pm ET December 19, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Ross Stores Inc. (ROST) inched 0.85% higher to $114.92 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.90% to 3,817.66 and Dow Jones Industrial Average falling 0.49% to 32,757.54. This was the stock's second consecutive day of gains. Ross Stores Inc. closed $5.47 short of its 52-week high ($120.39), which the company reached on December 13th.

The stock outperformed some of its competitors Monday, as Amazon.com Inc. (AMZN) fell 3.35% to $84.92, Target Corp. (TGT) fell 1.23% to $144.65, and TJX Cos. (TJX) rose 0.57% to $78.09. Trading volume (2.4 M) remained 395,806 below its 50-day average volume of 2.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2022.

(END) Dow Jones Newswires

December 19, 2022 17:22 ET (22:22 GMT)