COST Costco Wholesale Corporation

Costco Wholesale Corp. (COST) closed at $207.06, down $19.45 or 8.59%

-- Lowest close since June 18, 2018, when it closed at $206.21

-- Largest percent decrease since July 23, 2008, when it fell 11.9%

-- Earlier Friday, Wells Fargo cut its price target on Costco to $220.00/share from $235.00, Benzinga reported

-- On Thursday, Costco reported 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

-- Down two consecutive days; down 9.1% over this period

-- Worst two day stretch since the two days ending Oct. 15, 2008, when it fell 9.93%

-- Down 10.47% month-to-date

-- Up 11.25% year-to-date

-- Traded as low as $205.51; lowest intraday level since June 19, 2018, when it hit $204.62

-- Down 9.27% at today's intraday low; largest intraday percent decrease since Aug. 24, 2015, when it fell as much as 15.8%

-- Today's preliminary volume is 8.8 million shares; highest since Oct. 6, 2017, when 18.0 million shares were traded

-- Second worst performer in the S&P 500 today

-- Worst performer in the Nasdaq 100 today

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 14, 2018 16:51 ET (21:51 GMT)

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