Costco Wholesale Corp. Stock Rises Tuesday, Outperforms Market

Bird Global Inc

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Industrials : Ground Transportation | Small Cap Growth

Company profile

Bird Global, Inc. is a micro mobility company, which is engaged in delivering electric transportation solutions for short distances. The Company’s segments include North America, Europe, Middle East and Africa (EMEA) and Other. The Company’s offerings consist of Sharing and Product Sales. Its core vehicle-sharing business and operations (Sharing) provide riders with on-demand access to Bird vehicles (e-scooters and e-bikes), enabling them to locate, unlock, and pay for rides through its mobile application (the Bird App). The Bird App provides an interface, where riders can locate, book, and pay for on-demand rides. In addition to its Sharing business, it offers consumers the opportunity to purchase Bird vehicles for personal use. Its Product Sales business consists primarily of vehicle sales to retail customers. It sells several Bird vehicle models through select retail and wholesale channels. The Company's vehicles include BirdZero, BirdOne, BirdTwo, BirdThree and Bird S.

Costco Wholesale Corp. Stock Rises Tuesday, Outperforms Market

4:47 pm ET January 17, 2023 (MarketWatch) Print

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

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)