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Shares of United Parcel Service Inc. Cl B (UPS) rallied 2.08% to $169.13 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's second consecutive day of gains. United Parcel Service Inc. Cl B closed $64.59 below its 52-week high ($233.72), which the company reached on February 1st.
The stock outperformed some of its competitors Monday, as FedEx Corp. (FDX) rose 1.65% to $159.24, Deutsche Post AG ADR (DPW.XE) rose 1.93% to $36.20, and Expeditors International of Washington Inc. (EXPD) rose 0.92% to $95.73. Trading volume (2.6 M) remained 606,567 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:28 ET (22:28 GMT)
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