DJ FedEx Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of FedEx Corp. $(FDX)$ rallied 1.69% to $219.21 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
This was the stock's second consecutive day of gains.
FedEx Corp. closed 30.15% 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 Thursday, as United Parcel Service Inc. Cl B $(UPS)$ rose 3.18% to $96.95 and ZTO Express (Cayman) Inc. ADR (ZTO) rose 0.37% to $18.96.
Trading volume (1.3 M) remained 667,231 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 16:48 ET (20:48 GMT)
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