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Shares of Costco Wholesale Corp. (COST) rallied 4.26% to $507.26 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's second consecutive day of gains.
Costco Wholesale Corp. closed $57.49 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 Friday, as Amazon.com Inc. (AMZN) rose 4.44% to $120.11 and Walmart Inc. (WMT) rose 0.18% to $146.42.
Trading volume (5.3 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:46 ET (20:46 GMT)
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