Costco Down Over 7%, on Pace for Largest Percent Decrease Since August 2011 -- Data Talk

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)

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