Costco Wholesale Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Costco Wholesale Corp. (COST) inched 0.45% higher to $501.89 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
Costco Wholesale Corp. closed $62.86 below 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 Thursday, as Amazon.com Inc. (AMZN) rose 1.81% to $112.18 and Walmart Inc. (WMT) rose 0.37% to $153.12.
Trading volume (1.0 M) remained 859,653 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 16:47 ET (20:47 GMT)
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