DJ Costco Wholesale Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Costco Wholesale Corp. $(COST)$ advanced 6.21% to $965.19 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
This was the stock's second consecutive day of gains.
Costco Wholesale Corp. closed 10.48% short of its 52-week high of $1,078.24, which the company achieved on February 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. $(AMZN)$ rose 11.98% to $191.10, Walmart Inc. $(WMT)$ rose 9.55% to $89.60, and Target Corp. $(TGT)$ rose 10.06% to $97.69.
Trading volume (5.0 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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April 09, 2025 16:31 ET (20:31 GMT)
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