Ross Stores Inc. Stock Underperforms Wednesday When Compared To Competitors

Old National Bancorp

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Financials : Banks | Small Cap Value

Company profile

Old National Bancorp is a financial holding company. The Company, through its wholly owned banking subsidiary, Old National Bank, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory, and other banking services. Its banking centers focuses on providing a group of community banking services. It provides treasury management, merchant, and capital markets services as well as community development lending and equity investment solutions for businesses. Its loans consist primarily of loans made to consumers and commercial clients in various industries, including real estate rental and leasing, manufacturing, wholesale trade, construction, and agriculture, among others. In addition to providing lending and deposit services, it offers wealth management, investment, and foreign currency services. Its banking centers are in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, and Wisconsin.

Ross Stores Inc. Stock Underperforms Wednesday When Compared To Competitors

5:22 pm ET January 18, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) slid 1.99% to $117.38 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's second consecutive day of losses. Ross Stores Inc. closed $5.07 below its 52-week high ($122.45), which the company reached on January 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 0.61% to $95.46, Target Corp. (TGT) fell 0.78% to $160.83, and TJX Cos. (TJX) fell 2.13% to $79.81. Trading volume (1.7 M) remained 933,054 below its 50-day average volume of 2.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.

(END) Dow Jones Newswires

January 18, 2023 17:22 ET (22:22 GMT)

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Ross Stores Inc. Stock Underperforms Wednesday When Compared To Competitors