DJ Jabil Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Jabil Inc. $(JBL)$ rose 1.47% to $161.83 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
The stock's rise snapped a two-day losing streak.
Jabil Inc. closed 7.42% short of its 52-week high of $174.80, which the company reached on January 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Sigmatron International Inc. $(SGMA)$ rose 0.63% to $1.59, Benchmark Electronics Inc. (BHE) rose 1.85% to $41.90, and Flex Ltd. $(FLEX)$ rose 3.51% to $41.92.
Trading volume (814,351) remained 609,827 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 17:13 ET (22:13 GMT)
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