Costco Wholesale Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Costco Wholesale Corp. (COST) inched 0.86% higher to $462.65 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 3,844.82 and the Dow Jones Industrial Average rising 0.53% to 33,203.93. Costco Wholesale Corp. closed $149.62 below its 52-week high ($612.27), which the company achieved on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 1.74% to $85.25 and Walmart Inc. (WMT) rose 0.20% to $143.77. Trading volume (1.2 M) remained 1.1 million below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2022.
(END) Dow Jones Newswires
December 23, 2022 16:46 ET (21:46 GMT)
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