United Parcel Service Inc. Cl B Stock Falls Wednesday, Still Outperforms Market
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Shares of United Parcel Service Inc. Cl B (UPS) shed 1.68% to $164.58 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's second consecutive day of losses. United Parcel Service Inc. Cl B closed $69.14 short of its 52-week high ($233.72), which the company achieved on February 1st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as FedEx Corp. (FDX) fell 2.29% to $154.56, Deutsche Post AG ADR (DPW.XE) fell 2.93% to $34.48, and Expeditors International of Washington Inc. (EXPD) fell 5.59% to $93.31.true Trading volume (2.8 M) remained 375,394 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:28 ET (21:28 GMT)
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