Costco Wholesale Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Costco Wholesale Corp. (COST) inched 0.35% higher to $500.79 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
Costco Wholesale Corp. closed $63.96 short of its 52-week high ($564.75), which the company achieved on August 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 0.75% to $106.62 and Walmart Inc. (WMT) rose 0.17% to $152.98.
Trading volume (1.6 M) remained 345,711 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 16:47 ET (20:47 GMT)
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