🔴 COST is trading 3% down today after Roth downgrade to Sell

COST is trading -3% now at $856, down sharply amid a Roth Capital downgrade to Sell.

• Analysts cited weakening membership renewal rates at 89.7% globally and decelerating traffic growth to 3.1%.
• Concerns over slowing paid member growth and rising competition from Walmart's Sam's Club and BJ's.
• Shares also slipped after Costco declined a special dividend announcement, amplifying downside pressure in a mildly lower market.