Costco Wholesale Corp. stock outperforms competitors on strong trading day
Shares of Costco Wholesale Corp.
inched 0.56% higher to $463.31 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.16% to 4,473.75 and Dow Jones Industrial Average
falling 0.18% to 34,751.32. This was the stock’s second consecutive day of gains. Costco Wholesale Corp. closed $6.46 short of its 52-week high ($469.77), which the company achieved on September 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walmart Inc.
rose 0.33% to $145.03, Target Corp.
rose 1.15% to $246.95, and Dollar General Corp.
rose 2.12% to $221.56. Trading volume (1.5 M) remained 84,170 below its 50-day average volume of 1.6 M.
Tags: Costco – Costco Wholesale Corp. stock outperforms competitors on strong trading day