United Parcel Service Inc. Cl B Stock Rises Wednesday, Still Underperforms Market
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Shares of United Parcel Service Inc. Cl B (UPS) inched 0.05% higher to $182.84 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's fourth consecutive day of gains. United Parcel Service Inc. Cl B closed $50.88 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 Wednesday, as FedEx Corp. (FDX) rose 0.39% to $176.36, Deutsche Post AG ADR (DPW.XE) rose 0.20% to $39.55, and Expeditors International of Washington Inc. (EXPD) fell 0.11% to $113.99. Trading volume (1.6 M) remained 1.7 million below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:29 ET (22:29 GMT)
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