Costco Wholesale Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Costco Wholesale Corp. (COST) slipped 1.50% to $479.47 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a two-day winning streak. Costco Wholesale Corp. closed $132.80 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 Wednesday, as Amazon.com Inc. (AMZN) fell 0.61% to $95.46 and Walmart Inc. (WMT) fell 2.47% to $140.84. Trading volume (1.9 M) remained 347,536 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 16:46 ET (21:46 GMT)
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