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FedEx Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones08-27

DJ FedEx Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of FedEx Corp. $(FDX)$ inched 0.02% higher to $297.24 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.16% to 41,240.52 and the S&P 500 Index falling 0.32% to 5,616.84.

This was the stock's 11th consecutive day of gains.

FedEx Corp. closed $16.60 short of its 52-week high ($313.84), which the company achieved on July 16th.

The stock underperformed when compared to some of its competitors Monday, as United Parcel Service Inc. Cl B $(UPS)$ rose 1.01% to $129.26.

Trading volume (771,368) remained 1.1 million below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 26, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

August 26, 2024 16:47 ET (20:47 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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