Costco Wholesale Corp. stock outperforms competitors on strong trading day
Shares of Costco Wholesale Corp.
rallied 1.13% to $452.86 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.26% to 4,479.71 and the Dow Jones Industrial Average
rising 0.31% to 35,625.40. This was the stock’s sixth consecutive day of gains. Costco Wholesale Corp. hit a new 52-week high, surpassing its previous peak of $448.36, which the company achieved on August 13th.
The stock outperformed some of its competitors Monday, as Walmart Inc.
rose 0.82% to $150.75, Target Corp.
rose 0.62% to $263.15, and Dollar General Corp.
rose 0.46% to $237.84. Trading volume (1.5 M) remained 210,586 below its 50-day average volume of 1.7 M.
Tags: Costco – Costco Wholesale Corp. stock outperforms competitors on strong trading day