Shares of Old Dominion Freight Line Inc. ODFL, 1.30% slipped 0.49% to $296.73 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 1.33% rising 0.95% to 4,395.64 and the Dow Jones Industrial Average DJIA, 1.49% rising 1.00% to 34,258.32. The stock’s fall snapped a two-day winning streak. Old Dominion Freight Line Inc. closed $7.49 short of its 52-week high ($304.22), which the company reached on September 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as FedEx Corp. FDX, 0.36% fell 9.12% to $229.08, J.B. Hunt Transport Services Inc. JBHT, 1.09% fell 1.28% to $168.51, and Knight-Swift Transportation Holdings Inc. Cl A KNX, -0.56% fell 0.21% to $52.22. Trading volume (561,135) eclipsed its 50-day average volume of 524,115.