FedEx Corp. stock outperforms competitors on strong trading day
Shares of FedEx Corp. FDX, +0.82% inched 0.82% higher to $239.54 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.60% falling 0.60% to…
From the Equity Insider archive. This article dates from Feb 20, 2024 and is preserved as first published.
Shares of FedEx Corp. FDX, +0.82% inched 0.82% higher to $239.54 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.60% falling 0.60% to 4,975.51 and Dow Jones Industrial Average DJIA, -0.17% falling 0.17% to 38,563.80.
This was the stock’s second consecutive day of gains.
FedEx Corp. closed $45.99 below its 52-week high ($285.53), which the company achieved on December 18th.
The stock outperformed some of its competitors Tuesday, as United Parcel Service Inc. Cl B UPS, +0.15% rose 0.15% to $148.64.
The stock outperformed some of its competitors Tuesday, as United Parcel Service Inc.
Trading volume (1.7 M) remained 1.1 million below its 50-day average volume of 2.7 M.
