Ross Stores Inc. Stock Rises Wednesday, Still Underperforms Market
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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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