United Parcel Service Inc. Cl B Stock Falls Wednesday, Underperforms Market
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Shares of United Parcel Service Inc. Cl B (UPS) slipped 2.43% to $177.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. United Parcel Service Inc. Cl B closed $56.66 short of 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 Wednesday, as FedEx Corp. (FDX) fell 3.11% to $170.77, Deutsche Post AG ADR (DPW.XE) fell 0.12% to $40.02, and Expeditors International of Washington Inc. (EXPD) fell 3.32% to $111.82. Trading volume (2.7 M) remained 590,090 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:28 ET (22:28 GMT)
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