Florida Rep. Scott Franklin Bought Up to $115K Worth of Costco Wholesale Stock
Portfolio Pulse from Benzinga Insights
Florida Representative Scott Franklin purchased between $51,002 and $115,000 worth of Costco Wholesale (NASDAQ:COST) stock on May 23, 2023. Costco shares are trading down 0.53% at $482.32 at the time of writing.
May 24, 2023 | 3:19 pm
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Florida Rep. Scott Franklin purchased up to $115K worth of Costco Wholesale stock. Shares are trading down 0.53% at $482.32.
While the purchase of Costco stock by Florida Rep. Scott Franklin may indicate his positive outlook on the company, it is important to note that congressional transactions should not be used primarily to make investing decisions. The stock is currently trading down 0.53% at $482.32, and the impact of this news on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100