Costco Wholesale Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Costco Wholesale Corp. (COST) shed 0.10% to $492.11 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. The stock's fall snapped a two-day winning streak. Costco Wholesale Corp. closed $120.16 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 Tuesday, as Amazon.com Inc. (AMZN) fell 1.23% to $96.32 and Walmart Inc. (WMT) rose 0.27% to $143.02. Trading volume (1.5 M) remained 785,785 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 16:47 ET (21:47 GMT)
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