Costco Wholesale Corp. Stock Falls Friday, Underperforms Market
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Shares of Costco Wholesale Corp. (COST) shed 0.32% to $496.52 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
Costco Wholesale Corp. closed $68.23 short of its 52-week high ($564.75), which the company achieved on August 18th.
Despite its losses, the stock outperformed some of its competitors Friday, as Amazon.com Inc. (AMZN) fell 1.61% to $116.25 and Walmart Inc. (WMT) fell 1.03% to $149.91.
Trading volume (1.6 M) remained 119,507 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 16:46 ET (20:46 GMT)
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