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Costco Wholesale Corp. Stock Underperforms Thursday When Compared To Competitors

Dow Jones08-30

DJ Costco Wholesale Corp. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Costco Wholesale Corp. $(COST)$ slid 0.16% to $886.63 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,591.96 and the Dow Jones Industrial Average rising 0.59% to 41,335.05.

This was the stock's second consecutive day of losses.

Costco Wholesale Corp. closed $32.30 short of its 52-week high ($918.93), which the company reached on August 27th.

The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ rose 0.77% to $172.12 and Walmart Inc. $(WMT)$ rose 0.45% to $76.42.

Trading volume (1.7 M) remained 242,850 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 29, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

August 29, 2024 16:34 ET (20:34 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Costco Wholesale Corp. $(COST)$ slid 0.16% to $886.63 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index  remaining mostly unchanged at 5,591.96 and the Dow Jones Industrial Average  rising 0.59% to 41,335.05. \n\n\n     This was the stock's second consecutive day of losses. \n\n\n     Costco Wholesale Corp. closed $32.30 short of its 52-week high ($918.93), which the company reached on August 27th. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ rose 0.77% to $172.12 and Walmart Inc. $(WMT)$ rose 0.45% to $76.42. \n\n\n     Trading volume (1.7 M) remained 242,850 below its 50-day average volume of 1.9 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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