Old Dominion Freight Line Inc. stock outperforms market on strong trading day

Published: May 26, 2023 at 5:15 p.m. ET

Shares of Old Dominion Freight Line Inc. ODFL advanced 1.82% to $315.83 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.30% to 4,205.45 and the Dow Jones Industrial Average DJIA rising 1.00% to 33,093.34.

This was the stock’s second consecutive day of gains.

Old Dominion…

Shares of Old Dominion Freight Line Inc.

ODFL

advanced 1.82% to $315.83 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index

SPX

rising 1.30% to 4,205.45 and the Dow Jones Industrial Average

DJIA

rising 1.00% to 33,093.34.

This was the stock’s second consecutive day of gains.

Old Dominion Freight Line Inc. closed $65.98 below its 52-week high ($381.81), which the company reached on February 2nd.

The stock outperformed some of its competitors Friday, as J.B. Hunt Transport Services Inc.

JBHT

fell 0.41% to $170.27.

Trading volume (949,057) eclipsed its 50-day average volume of 717,974.


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.

Source link