Costco Wholesale Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Costco Wholesale Corp. (COST) slipped 0.71% to $453.28 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. This was the stock's second consecutive day of losses. Costco Wholesale Corp. closed $158.99 short of its 52-week high ($612.27), which the company achieved on April 7th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 2.17% to $85.82 and Walmart Inc. (WMT) rose 1.28% to $143.60. Trading volume (2.0 M) remained 277,521 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 16:46 ET (21:46 GMT)
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