Well, when it comes to bad news the saying goes: Sell First Ask Questions Later! When it comes to good news investors are slow to respond! I went through a similar experience with DIS about a month ago, everybody and their brother was recommending the stock, ESPN signed a huge $5.3 billion deal with Major League Baseball (DIS owns ESPN) and yet nothing, after about a week or so DIS climbed up to to almost $53; lets hope ROST follows a similar pattern.
Ross Stores (ROST:$64.79,00$-1.895,0-2.84%) is down 1.73%, after posting comps of +5%, better than the Retail Metrics consensus of +4.3%. It said it expects Q4 EPS of $0.99 to $1.04, which, excluding an estimated $0.08 to $0.09 in special items, would be lower than the Capital IQ consensus estimate of $1.04.