Ross Stores Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Ross Stores Inc. (ROST) inched 0.28% higher to $103.68 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.65% to 3,919.29 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. The stock's rise snapped a six-day losing streak. Ross Stores Inc. closed $18.77 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) rose 2.65% to $94.88, Target Corp. (TGT) rose 0.28% to $158.37, and TJX Cos. (TJX) rose 1.66% to $74.76. Trading volume (2.2 M) remained 32,173 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:38 ET (00:38 GMT)
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