C.H. Robinson Worldwide Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of C.H. Robinson Worldwide Inc. (CHRW) inched 0.63% higher to $98.21 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. The stock's rise snapped a four-day losing streak. C.H. Robinson Worldwide Inc. closed $23.02 short of its 52-week high ($121.23), which the company reached on August 25th.
The stock underperformed when compared to some of its competitors Thursday, as Old Dominion Freight Line Inc. (ODFL) rose 1.52% to $337.51, Expeditors International of Washington Inc. (EXPD) rose 1.57% to $107.35, and J.B. Hunt Transport Services Inc. (JBHT) rose 1.73% to $171.69. Trading volume (1.1 M) remained 539,287 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 16:45 ET (20:45 GMT)
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