Ross Stores Inc. Stock Falls Thursday, Underperforms Market

Verizon Communications Inc

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Company profile

Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.

Ross Stores Inc. Stock Falls Thursday, Underperforms Market

5:22 pm ET February 2, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) shed 2.05% to $116.09 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 1.47% to 4,179.76 and the Dow Jones Industrial Average falling 0.11% to 34,053.94. Ross Stores Inc. closed $6.36 below its 52-week high ($122.45), which the company reached on January 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) rose 7.38% to $112.91, Target Corp. (TGT) rose 2.22% to $181.02, and TJX Cos. (TJX) fell 2.46% to $80.39. Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 2, 2023.

(END) Dow Jones Newswires

February 02, 2023 17:22 ET (22:22 GMT)

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Ross Stores Inc. Stock Falls Thursday, Underperforms Market