Shares of Costco Wholesale Corp.
slid 1.38% to $323.92 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. This was the stock’s second consecutive day of losses. Costco Wholesale Corp. closed $69.23 below its 52-week high ($393.15), which the company reached on November 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walmart Inc.
fell 1.94% to $127.59, Target Corp.
rose 0.07% to $173.61, and Dollar General Corp.
fell 1.94% to $182.89. Trading volume (4.0 M) eclipsed its 50-day average volume of 2.5 M.