Ross Stores Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Ross Stores Inc. (ROST) inched 0.42% higher to $120.71 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. This was the stock's fourth consecutive day of gains. Ross Stores Inc. closed $1.74 below its 52-week high ($122.45), which the company achieved on January 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) rose 2.10% to $99.22, Target Corp. (TGT) rose 1.72% to $167.03, and TJX Cos. (TJX) fell 0.23% to $82.46. Trading volume (1.8 M) remained 742,764 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 17:23 ET (22:23 GMT)
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