DJ FedEx Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of FedEx Corp. $(FDX)$ shed 1.83% to $203.56 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
This was the stock's second consecutive day of losses.
FedEx Corp. closed 35.14% 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 Wednesday, as United Parcel Service Inc. Cl B $(UPS)$ fell 2.38% to $94.20 and ZTO Express (Cayman) Inc. ADR (ZTO) rose 0.05% to $18.76.
Trading volume (1.3 M) remained 823,946 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:48 ET (20:48 GMT)
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