United Parcel Service Inc. Cl B Stock Falls Tuesday, Still Outperforms Market

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Bank of America Corporation is a bank holding company (BHC) and a financial holding company. The Company's segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 in total investable assets, including solutions to meet client's needs through a set of investment management, brokerage, banking, and retirement products. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.

United Parcel Service Inc. Cl B Stock Falls Tuesday, Still Outperforms Market

5:29 pm ET November 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of United Parcel Service Inc. Cl B (UPS) slid 0.22% to $167.40 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. The stock's fall snapped a two-day winning streak. United Parcel Service Inc. Cl B closed $66.32 below its 52-week high ($233.72), which the company achieved on February 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as FedEx Corp. (FDX) fell 1.30% to $158.19, Deutsche Post AG ADR (DPW.XE) rose 0.03% to $35.52, and Expeditors International of Washington Inc. (EXPD) rose 1.01% to $98.84. Trading volume (2.5 M) remained 763,087 below its 50-day average volume of 3.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.

(END) Dow Jones Newswires

November 01, 2022 17:29 ET (21:29 GMT)

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United Parcel Service Inc. Cl B Stock Falls Tuesday, Still Outperforms Market