Costco Down Over 7%, on Pace for Largest Percent Decrease Since August 2011 -- Data Talk
December 14 2018 - 11:16AM
Dow Jones News
Costco Wholesale Corporation (COST) is currently at $208.80,
down $17.71 or 7.82%
-- Would be lowest close since July 3, 2018, when it closed at
$207.12
-- On pace for largest percent decrease since Aug. 8, 2011, when
it fell 7.97%
-- On Thursday, Costco sales rose 10% to $34.3 billion in the
first quarter, compared with $31.1 billion the same period a year
earlier. Analysts polled by FactSet had expected $37.6 billion in
sales for the quarter
-- Earlier Friday, Wells Fargo cut its price target on Costco to
$220.00/share from $235.00, Benzinga reported
-- Worst two-day stretch since the two days ending June 19,
2017, when it fell 8.73%
-- Down 14.5% from its all-time closing high of $244.21 on Sept.
11, 2018
-- Traded as low as $208.63; lowest intraday level since July 6,
2018, when it hit $206.66
-- Down 7.89% at today's intraday low; largest intraday percent
decrease since June 16, 2017, when it fell as much as 8.36%
-- Second-worst performer in the S&P 500 today
-- Worst performer in the Nasdaq 100 today
All data as of 11:33:14 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
December 14, 2018 12:01 ET (17:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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