Costco Wholesale Corp. stock outperforms competitors on strong trading day
Shares of Costco Wholesale Corp.
inched 0.05% higher to $465.94 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.46% to 4,493.28 and Dow Jones Industrial Average
falling 0.43% to 34,879.38. This was the stock’s second consecutive day of gains. Costco Wholesale Corp. hit a new 52-week high, surpassing its previous peak of $465.83, which the company achieved on September 8th.
The stock outperformed some of its competitors Thursday, as Walmart Inc.
fell 0.71% to $146.42, Target Corp.
fell 0.27% to $245.44, and Dollar General Corp.
fell 1.74% to $220.14. Trading volume (1.4 M) remained 250,132 below its 50-day average volume of 1.6 M.
Tags: Costco – Costco Wholesale Corp. stock outperforms competitors on strong trading day