Costco Stock – Costco Wholesale Corp. stock underperforms Thursday when compared to competitors
Shares of Costco Wholesale Corp.
COST,
slipped 2.00% to $333.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
DJIA,
falling 1.75% to 31,402.01. This was the stock’s sixth consecutive day of losses. Costco Wholesale Corp. closed $59.25 short of its 52-week high ($393.15), which the company achieved on November 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walmart Inc.
WMT,
fell 0.95% to $131.95, Target Corp.
TGT,
fell 1.07% to $185.08, and Dollar General Corp.
DG,
fell 2.04% to $188.68. Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
Costco Stock – Costco Wholesale Corp. stock underperforms Thursday when compared to competitors
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