Old Dominion Freight Line Inc. stock outperforms market on strong trading day
Shares of Old Dominion Freight Line Inc.
inched 0.46% higher to $258.76 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.12% to 4,374.30 and the Dow Jones Industrial Average
rising 0.13% to 34,933.23. The stock’s rise snapped a two-day losing streak. Old Dominion Freight Line Inc. closed $17.33 short of its 52-week high ($276.09), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as FedEx Corp.
fell 1.08% to $295.86, J.B. Hunt Transport Services Inc.
rose 1.63% to $169.63, and Knight-Swift Transportation Holdings Inc. Cl A
rose 0.48% to $50.16. Trading volume (497,096) remained 172,456 below its 50-day average volume of 669,552.