Ross Stores Inc. Stock Falls Tuesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Ross Stores Inc. (ROST) slipped 0.68% to $118.19 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 4,076.60 and the Dow Jones Industrial Average rising 1.09% to 34,086.04. This was the stock's third consecutive day of losses. Ross Stores Inc. closed $4.26 short of its 52-week high ($122.45), which the company achieved on January 6th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 2.57% to $103.13, Target Corp. (TGT) rose 2.05% to $172.14, and TJX Cos. (TJX) rose 0.43% to $81.86. Trading volume (2.2 M) remained 278,121 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 31, 2023.
(END) Dow Jones Newswires
January 31, 2023 17:21 ET (22:21 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.