Shares of Costco Wholesale Corp. COST, -0.82% sank 0.82% to $490.47 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +2.02% rising 2.02% to 4,088.85 and the Dow Jones Industrial Average DJIA, +1.34% rising 1.34% to 32,654.59. This was the stock’s second consecutive day of losses. Costco Wholesale Corp. closed $121.80 short of its 52-week high ($612.27), which the company achieved on April 7th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Walmart Inc. WMT, -11.38% fell 11.38% to $131.35, Target Corp. TGT, -1.41% fell 1.41% to $215.28, and Dollar General Corp. DG, -2.83% fell 2.83% to $227.55.true Trading volume (2.6 M) eclipsed its 50-day average volume of 2.6 M.