Ross Stores Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Ross Stores Inc. (ROST) slid 1.47% to $102.61 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Ross Stores Inc. closed $19.84 short of its 52-week high ($122.45), which the company reached on January 6th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 1.90% to $98.70, Target Corp. (TGT) fell 3.22% to $157.47, and TJX Cos. (TJX) fell 1.61% to $75.13.true Trading volume (3.8 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 17:22 ET (21:22 GMT)
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