DJ FedEx Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of FedEx Corp. $(FDX)$ slid 2.66% to $210.12 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
FedEx Corp. closed 33.05% short of its 52-week high of $313.84, which the company achieved on July 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as United Parcel Service Inc. Cl B $(UPS)$ fell 2.41% to $97.71 and ZTO Express (Cayman) Inc. ADR (ZTO) fell 4.92% to $18.17.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:44 ET (20:44 GMT)
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