Costco Wholesale Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Costco Wholesale Corp. (COST) slid 0.85% to $478.75 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. Costco Wholesale Corp. closed $133.52 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 Monday, as Amazon.com Inc. (AMZN) rose 1.49% to $87.36 and Walmart Inc. (WMT) fell 1.25% to $144.95. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 16:46 ET (21:46 GMT)
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