DJ Old Dominion Freight Line Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Old Dominion Freight Line Inc. (ODFL) inched 0.50% higher to $183.40 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's second consecutive day of gains.
Old Dominion Freight Line Inc. closed $44.40 short of its 52-week high ($227.80), which the company achieved on April 8th.
The stock underperformed when compared to some of its competitors Thursday, as J.B. Hunt Transport Services Inc. $(JBHT)$ rose 0.64% to $164.57.
Trading volume (1.4 M) remained 5,259 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 16:57 ET (20:57 GMT)
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