C.H. Robinson Worldwide Inc. Stock Falls Tuesday, Underperforms Market
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Shares of C.H. Robinson Worldwide Inc. (CHRW) slipped 3.47% to $97.78 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's third consecutive day of losses. C.H. Robinson Worldwide Inc. closed $23.45 below its 52-week high ($121.23), which the company achieved on August 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Old Dominion Freight Line Inc. (ODFL) rose 1.33% to $333.59, Expeditors International of Washington Inc. (EXPD) fell 1.49% to $106.14, and J.B. Hunt Transport Services Inc. (JBHT) fell 3.01% to $168.32. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:34 ET (00:34 GMT)
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