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public:sotm:updown [2023/04/20 16:02] – [2023-04-20 why is costco up today?] rajupublic:sotm:updown [2023/08/18 15:23] (current) – [2023-08-18 VOO vs. 10 year treasuries yield] raju
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 ==== 2023-04-20 why is costco up today? ==== ==== 2023-04-20 why is costco up today? ====
-time | 2023-04-20 12 pm 
- 
 Observation: Observation:
-  * VOO is down 40 bps but COST is up 257 bps.+  * time = 2023-04-20 12:04 pm 
 +  * prices = {VOO: \$378.69, COST: \$508.36} 
 +  * returns = {VOO: 48 bpsCOST: 249 bps
  
 Hypothesis: Hypothesis:
   * On 2023-04-19, Costco announced that they will be increasing the cash dividend from 90 cents to $1.02 per share. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023.   * On 2023-04-19, Costco announced that they will be increasing the cash dividend from 90 cents to $1.02 per share. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023.
     * Ref:- https://investor.costco.com/news/news-details/2023/Costco-Wholesale-Corporation-Announces-an-Increase-in-Its-Quarterly-Cash-Dividend/default.aspx Costco is increasing .     * Ref:- https://investor.costco.com/news/news-details/2023/Costco-Wholesale-Corporation-Announces-an-Increase-in-Its-Quarterly-Cash-Dividend/default.aspx Costco is increasing .
 +
 +==== 2023-05-22 Why is Costco down today? ====
 +Observation:
 +^ Stock ^ 2023-05-19 close (\$) ^ 2023-05-22 close (\$) ^ 2023-05-22 return (bps) ^
 +| COST |  496.52 |  491.87 |  -94 |
 +| VOO |  384.57 |  384.78 |  5 |
 +
 +Is there anything that could explain this?
 +
 +I checked
 +  * No dividends are paid on either 5/19 or 5/22
 +  * No news on https://investor.costco.com/news/default.aspx
 +
 +What else?
 +
 +Ref:
 +  * https://finance.yahoo.com/quote/COST/history?p=COST
 +  * https://finance.yahoo.com/quote/VOO/history?p=VOO
 +
 +==== 2023-08-18 VOO vs. 10 year treasuries yield ====
 +  * From Aug 1st 2023 through Aug 17th 2023, VOO went down ~5% (from \$420 to \$400); US 10 year note went up 25 bps (from 4.05 bps to 4.30 bps).
  
public/sotm/updown.1682006570.txt.gz · Last modified: 2023/04/20 16:02 by raju