Shares of FedEx Corp. FDX, -2.82% slid 2.82% to $256.55 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.14% falling 0.14% to 4,670.29 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 36,068.87. The stock’s fall snapped a two-day winning streak. FedEx Corp. closed $63.35 below its 52-week high ($319.90), which the company reached on May 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as United Parcel Service Inc. Cl B UPS, -2.95% fell 2.95% to $211.73, Deutsche Post AG ADR DPSGY, -3.03% fell 3.03% to $61.46, and Expeditors International of Washington Inc. EXPD, -2.61% fell 2.61% to $124.77. Trading volume (4.6 M) eclipsed its 50-day average volume of 2.1 M.