FedEx Corp. stock falls Thursday, underperforms market

Shares of FedEx Corp. FDX, 0.22% shed 0.58% to $296.62 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 0.45% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average DJIA, 0.35% rising 0.07% to 34,823.35. The stock’s fall snapped a three-day winning streak. FedEx Corp. closed $23.28 short of its 52-week high ($319.90), which the company achieved on May 27th.

ServiceNow Inc. stock rises Wednesday, still underperforms market

Shares of ServiceNow Inc. NOW, +0.33% inched 0.33% higher to $567.13 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.82% rising 0.82% to 4,358.69 and the Dow Jones Industrial Average DJIA, +0.83% rising 0.83% to 34,798.00. This was the stock’s second consecutive day of gains. ServiceNow Inc. closed $31.24 below its 52-week high ($598.37), which the company achieved on February 8th.

VTEX stock opens 32% above IPO price to value company at $4.7 billion

VTEX VTEX, +16.74% charged out of the gate Wednesday, as the shares of the U.K.-based software company that helps retailers build e-commerce businesses opened 32.1% above the initial public offering price. The company raised $263.7 million as the IPO priced at $19 a share, above the expected range of $15 and $17 a share. The stock’s first trade was at $25.10 at 11:57 a.m. Eastern for 1.8 million shares.

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