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

Published: May 25, 2023 at 5:15 p.m. ET

Shares of Old Dominion Freight Line Inc. ODFL advanced 3.23% to $310.19 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,151.28 and the Dow Jones Industrial Average DJIA falling 0.11% to 32,764.65.

The stock’s rise snapped a two-day losing streak.

Old Dominion…

Shares of Old Dominion Freight Line Inc.

ODFL

advanced 3.23% to $310.19 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index

SPX

rising 0.88% to 4,151.28 and the Dow Jones Industrial Average

DJIA

falling 0.11% to 32,764.65.

The stock’s rise snapped a two-day losing streak.

Old Dominion Freight Line Inc. closed $71.62 short of its 52-week high ($381.81), which the company achieved on February 2nd.

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

JBHT

rose 1.62% to $170.97.

Trading volume (1.1 M) eclipsed its 50-day average volume of 708,327.


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.

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