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FedEx Corp. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of FedEx Corp. FDX, +1.18% rose 1.66% to $227.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.22% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.15% rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. FedEx Corp. closed $92.45 short of its 52-week high ($319.90), which the company achieved on May 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as United Parcel Service Inc. Cl B UPS, +0.44% rose 4.00% to $191.42, Deutsche Post AG ADR DPSGY, -1.30% fell 0.07% to $61.18, and Expeditors International of Washington Inc. EXPD, +0.44% rose 1.75% to $118.17. Trading volume (2.8 M) remained 162,616 below its 50-day average volume of 3.0 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.