Costco Wholesale Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Costco Wholesale Corp. (COST) slid 0.90% to $458.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the S&P 500 Index falling 0.40% to 3,829.25. Costco Wholesale Corp. closed $153.77 below its 52-week high ($612.27), which the company reached on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 2.59% to $83.04 and Walmart Inc. (WMT) rose 0.03% to $143.81. 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 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 16:46 ET (21:46 GMT)
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