C.H. Robinson Worldwide Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of C.H. Robinson Worldwide Inc. (CHRW) inched 0.68% higher to $96.62 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. C.H. Robinson Worldwide Inc. closed $24.61 short of its 52-week high ($121.23), which the company reached on August 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Old Dominion Freight Line Inc. (ODFL) rose 0.82% to $336.15, Expeditors International of Washington Inc. (EXPD) rose 0.55% to $105.90, and J.B. Hunt Transport Services Inc. (JBHT) rose 2.85% to $170.38. Trading volume (971,046) remained 628,213 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:44 ET (20:44 GMT)
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