This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of FedEx Corp. slid 6.4% to $230.33 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.1% to 5,667.56 and the Dow Jones Industrial Average rising 0.1% to 41,985.35.
This was the stock's second consecutive day of losses.
FedEx Corp. closed 26.6% below its 52-week high of $313.84, which the company reached on July 16th.
The stock underperformed when compared to some of its competitors, as United Parcel Service Inc. Cl B fell 1.6% to $115.10, ZTO Express (Cayman) Inc. ADR fell 0.4% to $20.05.
Trading volume totaled 9.4 million, compared to the 50-day average of 1.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 21, 2025 16:33 ET (20:33 GMT)
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