Ross Stores Inc. Stock Rises Wednesday, Still Underperforms Market

Telos Corp

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Company profile

Telos Corporation is a provider of cyber, cloud and enterprise security solutions. The Company operates through two segments: Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud and identity solutions through Xacta, Telos Ghost, Automated Message Handling System (AMHS) and Telos ID offerings. The Secure Networks segment provides secure networking architectures and solutions to its customers through secure mobility solutions and network management and defense services. The Secure Networks segment has its capabilities, which include network design, operations, and sustainment; system integration and engineering; network security and compliance; deployable comms; innovation and digital transformation; service desk; defensive cyber operations, and program management. Its customer base consists of the United States (U.S.) federal government, large commercial businesses, state and local governments, and international customers.

Ross Stores Inc. Stock Rises Wednesday, Still Underperforms Market

5:22 pm ET February 1, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) inched 0.28% higher to $118.52 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,119.21 and the Dow Jones Industrial Average rising 0.02% to 34,092.96. The stock's rise snapped a three-day losing streak. Ross Stores Inc. closed $3.93 below its 52-week high ($122.45), which the company reached on January 6th.

The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 1.96% to $105.15, Target Corp. (TGT) rose 2.87% to $177.08, and TJX Cos. (TJX) rose 0.68% to $82.42. Trading volume (2.2 M) remained 273,176 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 1, 2023.

(END) Dow Jones Newswires

February 01, 2023 17:22 ET (22:22 GMT)

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Ross Stores Inc. Stock Rises Wednesday, Still Underperforms Market