Ross Stores Inc. Stock Outperforms Competitors Despite Losses On The Day

First Republic Bank

Change company Symbol lookup

Select an option...

FRCB First Republic Bank

YECO Yulong Eco-Materials Ltd

ZVOI Zovio Inc

YEXT Yext Inc

ZNOG Zion Oil and Gas Inc

PM Philip Morris International Inc

AFRM Affirm Holdings Inc

RMI RiverNorth Opportunistic Municipal Income Fund, Inc.

NVDA NVIDIA Corp

LBAI Lakeland Bancorp Inc

Financials : Banks | Small Cap Value

Company profile

First Republic Bank (the Bank) is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment are gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of First Republic Investment Management, Inc. (FRIM), which manages investments for individuals and institutions; money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC (FRSC) and its foreign exchange activities conducted on behalf of clients.

Ross Stores Inc. Stock Outperforms Competitors Despite Losses On The Day

5:22 pm ET February 21, 2023 (MarketWatch) Print

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

Shares of Ross Stores Inc. (ROST) slid 2.40% to $112.91 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. Ross Stores Inc. closed $9.54 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 Tuesday, as Amazon.com Inc. (AMZN) fell 2.70% to $94.58, Target Corp. (TGT) fell 4.04% to $166.22, and TJX Cos. (TJX) fell 1.27% to $78.82. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.

(END) Dow Jones Newswires

February 21, 2023 17:22 ET (22:22 GMT)