DJ Jabil Inc. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Jabil Inc. $(JBL)$ advanced 1.41% to $158.17 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's second consecutive day of gains.
Jabil Inc. hit a new 52-week high, surpassing its previous peak of $156.94, which the company reached on March 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Sigmatron International Inc. $(SGMA)$ rose 7.32% to $1.76, Benchmark Electronics Inc. (BHE) rose 1.79% to $47.84, and Flex Ltd. $(FLEX)$ rose 4.33% to $41.92.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 15, 2025 17:50 ET (22:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.