Costco Wholesale Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Costco Wholesale Corp. (COST) inched 0.55% higher to $481.40 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.70% to 3,919.25 and the Dow Jones Industrial Average rising 0.56% to 33,704.10. Costco Wholesale Corp. closed $130.87 below its 52-week high ($612.27), which the company achieved on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 2.87% to $89.87 and Walmart Inc. (WMT) fell 0.06% to $144.86. Trading volume (1.6 M) remained 674,333 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2023.
(END) Dow Jones Newswires
January 10, 2023 16:47 ET (21:47 GMT)
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