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Shares of Costco Wholesale Corp. (COST) slumped 0.40% to $502.04 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's fall snapped a two-day winning streak.
Costco Wholesale Corp. closed $62.71 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 Monday, as Amazon.com Inc. (AMZN) rose 0.85% to $111.20 and Walmart Inc. (WMT) fell 0.78% to $151.88.
Trading volume (1.1 M) remained 738,382 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 16:47 ET (20:47 GMT)
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