FedEx Corp. Stock Slips 4.1%, Underperforms Peers
Dow Jones2026/09/24 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of FedEx Corp. slid 4.1% to $279.54 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,704.13 and the Dow Jones Industrial Average falling 0.3% to 51,349.98.
This was the stock's second consecutive day of losses.
FedEx Corp. closed 19.1% short of its 52-week high of $345.37, which the company reached on June 15th.
The stock underperformed when compared to some of its peers, as United Parcel Service Inc. Cl B fell 3.9% to $92.05, ZTO Express (Cayman) Inc. ADR fell 0.7% to $19.47.
Trading volume totaled 2.5 million, compared to the 50-day average of 1.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 24, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Grayscale Files Zcash ETF That Pays Every 2 Weeks: What's the Catch?
Crypto prices
More
