DJ FedEx Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of FedEx Corp. $(FDX)$ slipped 3.49% to $198.07 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
This was the stock's fourth consecutive day of losses.
FedEx Corp. closed 36.89% below its 52-week high of $313.84, which the company achieved on July 16th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as United Parcel Service Inc. Cl B $(UPS)$ fell 3.81% to $91.92 and ZTO Express (Cayman) Inc. ADR (ZTO) fell 8.38% to $16.51.
Trading volume (2.4 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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(END) Dow Jones Newswires
April 08, 2025 16:47 ET (20:47 GMT)
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