Ross Stores Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Ross Stores Inc. (ROST) inched 0.92% higher to $103.24 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Ross Stores Inc. closed $19.21 short of 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 3.99% to $100.04, Target Corp. (TGT) rose 2.46% to $163.05, and TJX Cos. (TJX) rose 0.59% to $74.60. Trading volume (3.2 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 17:22 ET (21:22 GMT)
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