Costco Wholesale Corp. Stock Rises Friday, Outperforms Market
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Shares of Costco Wholesale Corp. (COST) rose 2.26% to $480.11 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.89% to 3,972.61 and the Dow Jones Industrial Average rising 1.00% to 33,375.49. The stock's rise snapped a two-day losing streak. Costco Wholesale Corp. closed $132.16 short of 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 Friday, as Amazon.com Inc. (AMZN) rose 3.81% to $97.25 and Walmart Inc. (WMT) rose 1.23% to $140.54. Trading volume (2.6 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2023.
(END) Dow Jones Newswires
January 20, 2023 16:47 ET (21:47 GMT)
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