Costco Launches Standalone Gas Stations Amid Rising Fuel Prices
Costco has opened its first standalone gas station in Mission Viejo, California, marking a new venture for the company. Despite rising fuel prices and their impact on inflation, analysts suggest this move may not significantly boost Costco's stock (COST). The stock is currently up 7.76% year-to-date but down 1.94% over the past 52 weeks.
Tickers: $COST