Costco Wholesale Corp. stock outperforms market despite losses on the day
Shares of Costco Wholesale Corp.
slipped 0.17% to $465.16 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.77% to 4,458.58 and Dow Jones Industrial Average
falling 0.78% to 34,607.72. The stock’s fall snapped a two-day winning streak. Costco Wholesale Corp. closed $4.61 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 Friday, as Walmart Inc.
fell 0.36% to $145.89, Target Corp.
fell 0.37% to $244.54, and Dollar General Corp.
fell 0.95% to $218.05.true Trading volume (1.3 M) remained 319,169 below its 50-day average volume of 1.6 M.
Tags: Costco – Costco Wholesale Corp. stock outperforms market despite losses on the day