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) advanced 1.02% to $165.69 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a three-day losing streak. United Parcel Service Inc. Cl B closed $68.03 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 1.12% to $156.66, Deutsche Post AG ADR (DPW.XE) rose 5.64% to $35.52, and Expeditors International of Washington Inc. (EXPD) fell 0.03% to $94.86. Trading volume (2.4 M) remained 821,512 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:29 ET (21:29 GMT)
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