United Parcel Service Inc. Cl B Stock Rises Friday, Still Underperforms Market
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Shares of United Parcel Service Inc. Cl B (UPS) inched 0.41% higher to $167.17 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. United Parcel Service Inc. Cl B closed $66.55 below its 52-week high ($233.72), which the company reached on February 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as FedEx Corp. (FDX) rose 2.21% to $160.37, Deutsche Post AG ADR (DPW.XE) fell 0.75% to $35.79, and Expeditors International of Washington Inc. (EXPD) rose 1.54% to $97.88. Trading volume (4.8 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:28 ET (21:28 GMT)
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