Ross Stores Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Ross Stores Inc. (ROST) rallied 2.68% to $121.57 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. This was the stock's third consecutive day of gains. Ross Stores Inc. hit a new 52-week high, surpassing its previous peak of $120.39, which the company reached on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 3.56% to $86.08, Target Corp. (TGT) rose 3.82% to $160.15, and TJX Cos. (TJX) rose 2.57% to $82.72. Trading volume (2.5 M) remained 264,954 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:23 ET (22:23 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.