Shares of Old Dominion Freight Line Inc.
advanced 3.80% to $295.58 Thursday, on what proved to be an all-around positive 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. The stock's rise snapped a four-day losing streak. Old Dominion Freight Line Inc. closed $8.64 short of its 52-week high ($304.22), which the company reached on September 3rd.
The stock outperformed some of its competitors Thursday, as FedEx Corp.
rose 1.66% to $227.45, J.B. Hunt Transport Services Inc.
rose 2.26% to $175.24, and Knight-Swift Transportation Holdings Inc. Cl A
rose 2.36% to $48.55. Trading volume (539,830) eclipsed its 50-day average volume of 510,866.