United Parcel Service Inc. Cl B Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of United Parcel Service Inc. Cl B (UPS) rallied 3.41% to $178.19 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. United Parcel Service Inc. Cl B closed $55.53 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 Friday, as FedEx Corp. (FDX) rose 5.79% to $175.61, Deutsche Post AG ADR (DPW.XE) rose 5.35% to $41.18, and Expeditors International of Washington Inc. (EXPD) rose 2.96% to $111.91. Trading volume (3.9 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:28 ET (22:28 GMT)
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