Ross Stores Inc. Stock Underperforms Wednesday When Compared To Competitors
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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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