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-0.000128661491615564 -0.0001715486554875 0.000428871638718507 0.00115795342453996 0.00175837371874596 0.00175837371874596 0.00175837371874596 0.00175837371874596
Stock impact report

Why Costco Stock Dropped Today [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Costco Wholesale (NASDAQ: COST) slid 3.6% through 2:25 p.m. ET Monday after Wall Street bank Roth Capital downgraded the shares from neutral to sell, and set a $769 price target on the $852 stock. Roth says it finds Costco's metrics "concerning," reports TheFly.com today, noting that same-store sales growth and member additions are both decelerating, and membership renewals are "fading." At the same time, Roth warns of increased competition from Walmart (NASDAQ: WMT) and BJ's Wholesale (NYSE: BJ) as the all-important holiday season gets underway. But is the news really as bad as Roth suggests? A recent report from CNBC suggests otherwise. According to the CNBC All-America Economic Survey, "41% of Americans plan to spend less for the holidays this year," with 46% of those shoppers blaming inflation for why they're cutting back. 61% of shoppers surveyed say prices are rising faster than their incomes, especially among lower-income consumers. But here's the thing: This could b Show less Read more
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