United Parcel Service Inc. Cl B Stock Rises Monday, Outperforms Market

Wolverine World Wide Inc

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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Small Cap Value

Company profile

Wolverine World Wide, Inc. is a designer, marketer and licensor of a range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates through two segments: Wolverine Michigan Group and Wolverine Boston Group. Its Wolverine Michigan Group consists of footwear and apparel under brand names Merrell, Cat, Wolverine, Chaco, Hush Puppies, Bates uniform footwear, Harley-Davidson and Hytest safety footwear. Its Wolverine Boston Group consists of Sperry footwear, Saucony footwear and apparel, Keds footwear and the kids' footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies and Cat. Its products are marketed in approximately 170 countries, including the United States, Canada, the United Kingdom and certain countries in continental Europe and Asia Pacific.

United Parcel Service Inc. Cl B Stock Rises Monday, Outperforms Market

5:28 pm ET November 7, 2022 (MarketWatch) Print

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

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)