FedEx Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.FedEx Corp. (FDX) shares fell 1.68% to $315.62 on Thursday, underperforming competitors UPS and ZTO during a broader market decline. The drop ended a two-day winning streak, leaving the stock 8.61% below its 52-week high of $345.37. Trading volume was below the 50-day average.
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Shares of FedEx Corp. (FDX) slid 1.68% to $315.62 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
The stock's fall snapped a two-day winning streak.
FedEx Corp. closed 8.61% short of its 52-week high of $345.37, which the company achieved on June 15th.
The stock underperformed when compared to some of its competitors Thursday, as United Parcel Service Inc. Cl B (UPS) fell 1.50% to $114.10 and ZTO Express (Cayman) Inc. ADR (ZTO) fell 0.25% to $24.04.
Trading volume (1.6 M) remained 318,124 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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07-23-26 1643ET