Costco Wholesale Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Costco Wholesale Corp. (COST) slid 0.23% to $499.66 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
Costco Wholesale Corp. closed $65.09 short of its 52-week high ($564.75), which the company reached on August 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 3.35% to $110.19 and Walmart Inc. (WMT) fell 0.28% to $152.55.
Trading volume (1.3 M) remained 661,610 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 16:47 ET (20:47 GMT)
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