Ross Stores Inc. Stock Falls Monday, Underperforms Market
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Shares of Ross Stores Inc. (ROST) shed 0.69% to $100.63 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. This was the stock's fourth consecutive day of losses. Ross Stores Inc. closed $21.82 short of its 52-week high ($122.45), which the company achieved on January 6th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) fell 0.09% to $98.04, Target Corp. (TGT) rose 2.02% to $159.38, and TJX Cos. (TJX) rose 0.68% to $75.38. Trading volume (1.9 M) remained 489,722 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 17:22 ET (21:22 GMT)
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