United Parcel Service Inc. Cl B Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

26 Capital Acquisition Equity Warrant Exp 31 Dec 2027 *W EXP 12/31/2027

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ADERW 26 Capital Acquisition Equity Warrant Exp 31 Dec 2027 *W EXP 12/31/2027

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26 Capital Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on industries that align with the background of its sponsor and management. These industries include the gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors, which the Company refers to as its targeted sectors. The Company has not commenced any business operations and has not generated any revenue.

United Parcel Service Inc. Cl B Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

5:28 pm ET November 18, 2022 (MarketWatch) Print

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

Shares of United Parcel Service Inc. Cl B (UPS) rose 1.65% to $178.97 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's rise snapped a two-day losing streak. United Parcel Service Inc. Cl B closed $54.75 short of its 52-week high ($233.72), which the company reached on February 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as FedEx Corp. (FDX) rose 1.85% to $174.72, Deutsche Post AG ADR (DPW.XE) rose 0.23% to $40.03, and Expeditors International of Washington Inc. (EXPD) rose 1.06% to $112.77. Trading volume (3.0 M) remained 304,452 below its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.

(END) Dow Jones Newswires

November 18, 2022 17:28 ET (22:28 GMT)