Why Costco Stock Was Sliding Today
Shares of Costco Wholesale (NASDAQ: COST) were heading lower today after the company delivered solid results in its fiscal third-quarter earnings report, but they weren't quite enough to please Wall Street as high expectations were baked into the stock coming into the report.
As of 10:58 a.m. ET, the stock was down 4.6% on the news.
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Source Fool.com
