Costco Wholesale Corp. Stock Outperforms Market On Strong Trading Day

Goldman Sachs Group Inc

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Financials : Capital Markets | Large Cap Value

Company profile

The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services across investment banking, securities, investment management and consumer banking to a diversified client base that includes corporations, financial institutions, governments and individuals. The Company segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment includes financing, advisory services, risk distribution, and hedging for its institutional and corporate clients, including Fixed Income, Currency and Commodities (FICC) and Equities, Investment Banking and Marquee. The Asset & Wealth Management segment includes advice, investing, and execution for institutions and individuals across public and private markets. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.

Costco Wholesale Corp. Stock Outperforms Market On Strong Trading Day

4:47 pm ET January 6, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Costco Wholesale Corp. (COST) advanced 7.26% to $482.87 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. Costco Wholesale Corp. closed $129.40 short of its 52-week high ($612.27), which the company achieved on April 7th.

The stock outperformed some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 3.56% to $86.08 and Walmart Inc. (WMT) rose 2.45% to $146.78. Trading volume (5.1 M) eclipsed its 50-day average volume of 2.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.

(END) Dow Jones Newswires

January 06, 2023 16:47 ET (21:47 GMT)