This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of FedEx Corp. rose 5.2% to $242.32 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.8% to 5,767.57 and the Dow Jones Industrial Average rising 1.4% to 42,583.32.
The stock's rise snapped a two-day losing streak.
FedEx Corp. closed 22.8% short of its 52-week high of $313.84, which the company achieved on July 16th.
The stock outperformed some of its competitors, as United Parcel Service Inc. Cl B rose 0.6% to $115.80, ZTO Express (Cayman) Inc. ADR fell 0.3% to $19.98.
Trading volume totaled 4.0 million, compared to the 50-day average of 1.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 24, 2025 16:34 ET (20:34 GMT)
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