Ross Stores Inc. Stock Rises Wednesday, 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 Wednesday, Outperforms Market

5:23 pm ET January 4, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) rose 1.85% to $117.97 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. Ross Stores Inc. closed $2.42 below its 52-week high ($120.39), which the company reached on December 13th.

The stock outperformed some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 0.79% to $85.14, Target Corp. (TGT) rose 0.65% to $152.72, and TJX Cos. (TJX) rose 1.08% to $79.86. Trading volume (2.0 M) remained 741,619 below its 50-day average volume of 2.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.

(END) Dow Jones Newswires

January 04, 2023 17:23 ET (22:23 GMT)