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Shares of United Parcel Service Inc. Cl B (UPS) advanced 6.05% to $172.32 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. The stock's rise snapped a two-day losing streak. United Parcel Service Inc. Cl B closed $61.40 below its 52-week high ($233.72), which the company achieved on February 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as FedEx Corp. (FDX) rose 5.04% to $166.00, Deutsche Post AG ADR (DPW.XE) rose 9.62% to $39.09, and Expeditors International of Washington Inc. (EXPD) rose 3.73% to $108.69. Trading volume (3.3 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:28 ET (22:28 GMT)
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