Ross Stores Inc. Stock Outperforms Market On Strong Trading Day

CAE Inc

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Industrials : Aerospace & Defense | Mid Cap Growth
Based in Canada

Company profile

CAE Inc. is a Canada-based technology company. The Company operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as end-to-end digitally enabled crew management, training operations solutions and optimization software. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. Healthcare segment provides healthcare students and clinical professionals innovative, integrated and virtual education and training solutions, including interventional and imaging simulations and curricular.

Ross Stores Inc. Stock Outperforms Market On Strong Trading Day

5:23 pm ET January 6, 2023 (MarketWatch) Print

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)