Costco Wholesale Corp. stock outperforms market on strong trading day
Shares of Costco Wholesale Corp.
rose 1.33% to $465.70 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.13% to 4,514.07 and Dow Jones Industrial Average
falling 0.20% to 35,031.07. Costco Wholesale Corp. hit a new 52-week high, surpassing its previous peak of $463.60, which the company reached on September 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walmart Inc.
rose 0.13% to $147.46, Target Corp.
rose 1.40% to $246.11, and Dollar General Corp.
rose 1.13% to $224.04. Trading volume (1.4 M) remained 277,778 below its 50-day average volume of 1.6 M.
Tags: Costco – Costco Wholesale Corp. stock outperforms market on strong trading day