Shares of FedEx Corp.
rallied 6.10% to $279.58 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.06% to 3,913.10 and Dow Jones Industrial Average
falling 0.71% to 32,627.97. FedEx Corp. closed $26.08 short of its 52-week high ($305.66), which the company achieved on December 9th.
The stock outperformed some of its competitors Friday, as United Parcel Service Inc. Cl B
fell 0.57% to $159.29, Deutsche Post AG ADR
fell 2.17% to $53.46, and Expeditors International of Washington Inc.
fell 0.42% to $103.30. Trading volume (12.6 M) eclipsed its 50-day average volume of 2.4 M.