🔴 COST is trading 3.01% down today as it pulls back from record highs amid broad market weakness

COST is trading 3.01% down at $1,041.69 as the stock pulls back from recent record highs amid a broader market downturn.

• Shares are retreating from levels of $1,094.32 on May 19 and $1,074.01 on May 20, following a recent rally fueled by a bullish UBS target hike.
• The move appears driven by profit-taking and weakening sentiment in the retail and growth sectors, consistent with a softer tone across major U.S. indices.