Shares of Costco Wholesale Corp.
dropped 0.42% to $340.70 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.14% to 3,925.43 and the Dow Jones Industrial Average
rising 1.35% to 31,961.86. This was the stock’s fifth consecutive day of losses. Costco Wholesale Corp. closed $52.45 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 1.67% to $133.21, Target Corp.
rose 0.39% to $187.08, and Dollar General Corp.
fell 1.32% to $192.61. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.4 M.