Ross Stores Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Ross Stores Inc. (ROST) shed 0.75% to $109.04 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. This was the stock's third consecutive day of losses. Ross Stores Inc. closed $13.41 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 0.40% to $93.92, Target Corp. (TGT) rose 0.42% to $163.51, and TJX Cos. (TJX) rose 0.26% to $77.18. Trading volume (1.9 M) remained 290,918 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
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March 08, 2023 17:22 ET (22:22 GMT)
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