Costco (COST) Stock Sinks As Market Gains: Here's Why

The latest trading session saw Costco (COST) ending at $726.33, denoting a -0.39% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.35%.Shares of the warehouse club operator witnessed a loss of 0.47% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 1.39% and the S&P 500's loss of 2%.Market participants will be close ...