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Shares of United Parcel Service Inc. Cl B (UPS) slumped 0.35% to $164.01 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's third consecutive day of losses. United Parcel Service Inc. Cl B closed $69.71 short of 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 Thursday, as FedEx Corp. (FDX) rose 0.23% to $154.92, Deutsche Post AG ADR (DPW.XE) fell 2.49% to $33.62, and Expeditors International of Washington Inc. (EXPD) rose 1.69% to $94.89. Trading volume (2.7 M) remained 537,662 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 17:29 ET (21:29 GMT)
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