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Shares of C.H. Robinson Worldwide Inc. (CHRW) slipped 5.95% to $103.17 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. The stock's fall snapped a two-day winning streak. C.H. Robinson Worldwide Inc. closed $8.98 short of its 52-week high ($112.15), which the company reached on April 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as United Parcel Service Inc. Cl B (UPS) fell 5.96% to $172.23, FedEx Corp. (FDX) fell 8.09% to $203.57, and Expeditors International of Washington Inc. (EXPD) fell 8.94% to $104.56.true Trading volume (1.7 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 16:43 ET (20:43 GMT)
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