Shares of Old Dominion Freight Line Inc.
slumped 0.46% to $227.92 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.29% to 3,974.12 and the Dow Jones Industrial Average
rising 0.58% to 33,015.37. This was the stock’s third consecutive day of losses. Old Dominion Freight Line Inc. closed $7.24 short of its 52-week high ($235.16), which the company achieved on March 12th.
The stock underperformed when compared to some of its competitors Wednesday, as FedEx Corp.
rose 1.93% to $265.84, J.B. Hunt Transport Services Inc.
rose 1.09% to $159.90, and Knight-Swift Transportation Holdings Inc. Cl A
fell 0.20% to $44.86. Trading volume (619,358) remained 53,319 below its 50-day average volume of 672,677.