Costco Wholesale Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Costco Wholesale Corp. (COST) rallied 2.60% to $492.61 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Costco Wholesale Corp. closed $119.66 below its 52-week high ($612.27), which the company reached on April 7th.
The stock outperformed some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.28% to $97.52 and Walmart Inc. (WMT) rose 1.49% to $142.64. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:46 ET (21:46 GMT)
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