Shares of Costco Wholesale Corp.
slipped 1.86% to $311.42 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.97% to 31,802.44 and the S&P 500 Index
falling 0.54% to 3,821.35. This was the stock’s fifth consecutive day of losses. Costco Wholesale Corp. closed $81.73 short of its 52-week high ($393.15), which the company reached on November 30th.
The stock underperformed when compared to some of its competitors Monday, as Walmart Inc.
fell 0.96% to $127.88, Target Corp.
rose 2.47% to $176.87, and Dollar General Corp.
rose 1.83% to $181.98. Trading volume (4.8 M) eclipsed its 50-day average volume of 2.7 M.