Costco Wholesale Corp. stock falls Tuesday, still outperforms market
Shares of Costco Wholesale Corp.
slipped 0.27% to $458.41 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.57% to 4,443.05 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. This was the stock’s third consecutive day of losses. Costco Wholesale Corp. closed $11.36 short of its 52-week high ($469.77), which the company reached on September 9th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Walmart Inc.
fell 0.52% to $144.30, Target Corp.
fell 0.35% to $242.24, and Dollar General Corp.
fell 0.60% to $216.29.true Trading volume (1.4 M) remained 260,834 below its 50-day average volume of 1.6 M.
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