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Shares of Costco Wholesale Corp. (COST) sank 0.44% to $482.76 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's fourth consecutive day of losses.
Costco Wholesale Corp. closed $81.99 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 1.53% to $116.75 and Walmart Inc. (WMT) fell 0.46% to $147.63.
Trading volume (1.6 M) remained 172,071 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:46 ET (20:46 GMT)
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