Old Dominion Freight Line Inc. Stock Slips 8.5%, Underperforms Competitors

Dow Jones
02-22

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Old Dominion Freight Line Inc. slipped 8.5% to $180.40 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.

This was the stock's third consecutive day of losses.

Old Dominion Freight Line Inc. closed 22.7% short of its 52-week high of $233.26, which the company reached on November 11th.

The stock demonstrated a mixed performance when compared to some of its competitors, as J.B. Hunt Transport Services Inc. fell 0.5% to $167.71, Knight-Swift Transportation Holdings Inc. Cl A fell 2.4% to $52.13, and Saia Inc. fell 10.41% to $406.65.

Trading volume totaled 5.7 million, compared to the 50-day average of 1.5 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 21, 2025 16:33 ET (21:33 GMT)

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