FedEx Corp. stock outperforms market on strong trading day
Shares of FedEx Corp.
FDX,
+4.52%
advanced 4.52% to $261.85 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-1.64%
falling 1.64% to 4,330.00 and Dow Jones Industrial Average
DJIA,
-1.08%
falling 1.08% to 34,070.42.
This was the stock’s third consecutive day of gains.
FedEx Corp. closed $9.10 short of its 52-week high ($270.95), which the company reached on July 31st.
The stock outperformed some of its competitors Thursday, as United Parcel Service Inc. Cl B
UPS,
-1.40%
fell 1.40% to $155.43.
Trading volume (7.1 M) eclipsed its 50-day average volume of 1.7 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.