Costco Wholesale Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Costco Wholesale Corp. (COST) inched 0.15% higher to $508.03 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's third consecutive day of gains.
Costco Wholesale Corp. closed $56.72 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 Tuesday, as Amazon.com Inc. (AMZN) rose 1.29% to $121.66 and Walmart Inc. (WMT) fell 0.25% to $146.06.
Trading volume (2.5 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 16:46 ET (20:46 GMT)
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