United Parcel Service Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors

LogicMark Inc

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Health Care : Health Care Equipment & Supplies | Small Cap Value

Company profile

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform. The Company builds technology to check, manage and monitor a loved ones health and safety remotely. Its PERS is a medical alert or medical alarm system, which is designed to indicate the presence of a threat that requires immediate attention and then immediately contacts a trusted family member and the emergency medical workforce. Its PERS devices incorporate two-way voice communication technology for remote monitoring. PERS transmits signals to an alarm monitoring medical team, which then departs for the location where the alarm was activated. Its PERS products include GUARDIAN ALERT 911 PLUS, FREEDOM ALERT, GUARDIAN ALERT 911, CONNECTED GUARDIAN and LifeSentry. Its PERS technologies are sold through dealers and distributors, as well as through the United States Veterans Health Administration (the VHA).

United Parcel Service Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors

5:29 pm ET November 9, 2022 (MarketWatch) Print

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

Shares of United Parcel Service Inc. Cl B (UPS) slipped 2.83% to $164.01 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. This was the stock's second consecutive day of losses. United Parcel Service Inc. Cl B closed $69.71 short of its 52-week high ($233.72), which the company achieved on February 1st.

The stock underperformed when compared to some of its competitors Wednesday, as FedEx Corp. (FDX) fell 0.94% to $158.04, Deutsche Post AG ADR (DPW.XE) fell 2.01% to $35.66, and Expeditors International of Washington Inc. (EXPD) rose 0.36% to $104.78. Trading volume (2.7 M) remained 568,840 below its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 17:29 ET (22:29 GMT)