Shares of Costco Wholesale Corp.
rallied 1.97% to $379.53 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.22% to 4,112.50 and the Dow Jones Industrial Average
rising 1.29% to 34,021.45. The stock’s rise snapped a three-day losing streak. Costco Wholesale Corp. closed $13.62 short of its 52-week high ($393.15), which the company reached on November 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walmart Inc.
rose 1.69% to $138.24, Target Corp.
rose 2.78% to $208.61, and Dollar General Corp.
fell 0.05% to $205.76. Trading volume (2.0 M) remained 753,199 below its 50-day average volume of 2.8 M.