DJ FedEx Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of FedEx Corp. $(FDX)$ slid 2.44% to $269.01 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's second consecutive day of losses.
FedEx Corp. closed $44.83 below its 52-week high ($313.84), which the company reached on July 16th.
The stock underperformed when compared to some of its competitors Monday, as United Parcel Service Inc. Cl B $(UPS)$ rose 0.06% to $125.75.
Trading volume (3.4 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 16:49 ET (21:49 GMT)
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