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Shares of Costco Wholesale Corp. (COST) dropped 0.00% to $512.59 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
The stock's fall snapped a five-day winning streak.
Costco Wholesale Corp. closed $52.16 below its 52-week high ($564.75), which the company reached on August 18th.
The stock underperformed when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 1.21% to $124.25 and Walmart Inc. (WMT) rose 0.96% to $148.82.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 16:36 ET (20:36 GMT)
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