Costco Wholesale Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Costco Wholesale Corp. (COST) inched 0.31% higher to $486.77 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. This was the stock's second consecutive day of gains. Costco Wholesale Corp. closed $125.50 short of its 52-week high ($612.27), which the company reached on April 7th.
The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 2.11% to $96.05 and Walmart Inc. (WMT) fell 0.61% to $144.41. Trading volume (1.5 M) remained 753,108 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 16:47 ET (21:47 GMT)
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