Shares of FedEx Corp.
FDX,
inched 0.22% higher to $223.44 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.19% to 4,391.34 and Dow Jones Industrial Average
DJIA,
falling 0.03% to 34,746.25. The stock’s rise snapped a two-day losing streak. FedEx Corp. closed $96.46 below its 52-week high ($319.90), which the company achieved on May 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as United Parcel Service Inc. Cl B
UPS,
rose 1.04% to $183.49, Deutsche Post AG ADR
DPSGY,
fell 1.51% to $61.37, and Expeditors International of Washington Inc.
EXPD,
fell 1.02% to $114.29. Trading volume (2.4 M) remained 570,957 below its 50-day average volume of 2.9 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: FedEx Corp. stock rises Friday, outperforms market