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Benzinga
Benzinga
Business
Craig Jones

More Bearish Bets For Costco Wholesale

COST Costco Wholesale Costco Wholesale Corporation Nasdaq Tony Zhang

Amid the broader retail bloodbath on Wednesday, shares of Costco Wholesale Corporation (NASDAQ:COST) tanked more than 12% in their worst performance since 2003.

On CNBC's "Options Action," Tony Zhang said the stock traded almost 5 times its average daily put on Wednesday.

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