Ross Stores Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Ross Stores Inc. (ROST) slid 2.26% to $109.86 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Ross Stores Inc. closed $12.59 below its 52-week high ($122.45), which the company reached on January 6th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 0.21% to $93.55, Target Corp. (TGT) fell 1.44% to $162.82, and TJX Cos. (TJX) fell 1.62% to $76.98. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:23 ET (22:23 GMT)
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