FedEx Corp. stock rises Tuesday, still underperforms market

Shares of FedEx Corp. FDX, +0.59% inched 0.59% higher to $229.32 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.74% rising 0.74% to 4,519.63 and the Dow Jones Industrial Average DJIA, +0.56% rising 0.56% to 35,457.31. FedEx Corp. closed $90.58 below its 52-week high ($319.90), which the company reached on May 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as United Parcel Service Inc. Cl B UPS, +0.21% rose 0.21% to $193.79, Deutsche Post AG ADR DPSGY, +1.64% rose 1.64% to $62.58, and Expeditors International of Washington Inc. EXPD, +0.01% rose 0.01% to $118.74. Trading volume (2.1 M) remained 1.0 million below its 50-day average volume of 3.1 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.