Costco Wholesale Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Costco Wholesale Corp. (COST) slipped 1.20% to $452.99 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. This was the stock's second consecutive day of losses. Costco Wholesale Corp. closed $159.28 short of its 52-week high ($612.27), which the company reached on April 7th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Amazon.com Inc. (AMZN) fell 1.47% to $81.82 and Walmart Inc. (WMT) fell 1.75% to $141.29. Trading volume (1.3 M) remained 946,437 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 16:47 ET (21:47 GMT)
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