Ross Stores Inc. Stock Underperforms Friday When Compared To Competitors

Global Payments Inc

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Information Technology : IT Services | Mid Cap Blend

Company profile

Global Payments Inc. is a payments technology company that delivers software and services. The Company operates through three segments: Merchant Solutions, Issuer Solutions and Business, and Consumer Solutions. The Merchant Solutions segment provides payments technology and software solutions to customers globally. This segment offerings include authorization, settlement and funding services, customer support, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and reporting. The Issuer Solutions segment provides solutions that enable financial institutions and other financial service providers to manage their card portfolios. The Consumer Solutions segment provides general purpose reloadable (GPR) prepaid debit and payroll cards, demand deposit accounts and other financial service solutions to the underbanked and other consumers and businesses in the United States through its Netspend and other brands.

Ross Stores Inc. Stock Underperforms Friday When Compared To Competitors

5:22 pm ET January 27, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) slipped 1.02% to $119.48 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. The stock's fall snapped a four-day winning streak. Ross Stores Inc. closed $2.97 below its 52-week high ($122.45), which the company achieved on January 6th.

The stock underperformed when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 3.04% to $102.24, Target Corp. (TGT) rose 0.89% to $168.51, and TJX Cos. (TJX) fell 0.69% to $81.89. Trading volume (1.9 M) remained 681,134 below its 50-day average volume of 2.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.

(END) Dow Jones Newswires

January 27, 2023 17:22 ET (22:22 GMT)