Ross Stores Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Ross Stores Inc. (ROST) rallied 2.49% to $103.14 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,971.27 and Dow Jones Industrial Average falling 0.12% to 32,394.25. The stock's rise snapped a four-day losing streak. Ross Stores Inc. closed $19.31 short of its 52-week high ($122.45), which the company achieved on January 6th.
The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 0.82% to $97.24, Target Corp. (TGT) rose 0.24% to $159.77, and TJX Cos. (TJX) rose 1.10% to $76.21. Trading volume (2.3 M) remained 76,985 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2023.
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March 28, 2023 17:22 ET (21:22 GMT)
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