Shares of FedEx Corp.
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
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
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
rose 4.00% to $191.42, Deutsche Post AG ADR
fell 0.07% to $61.18, and Expeditors International of Washington Inc.
rose 1.75% to $118.17. Trading volume (2.8 M) remained 162,616 below its 50-day average volume of 3.0 M.