Expeditors International of Washington Inc. stock rises Wednesday, still underperforms market
Shares of Expeditors International of Washington Inc. EXPD inched 0.01% higher to $128.29 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA rising 0.68% to 34,814.39. This was the stock's fourth consecutive day of gains. Expeditors International of Washington Inc. closed $2.47 short of its 52-week high ($130.76), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Wednesday, as United Parcel Service Inc. Cl B UPS rose 1.23% to $193.35, FedEx Corp. FDX rose 0.54% to $256.59, and C.H. Robinson Worldwide Inc. CHRW rose 0.65% to $90.67. Trading volume (803,453) remained 129,909 below its 50-day average volume of 933,362. …
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