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Sept. 22, 2021, 3:04 p.m. EDT

Dow Jones Transportation Average falls to 6-month low, as FedEx stock weighs heavily

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By Tomi Kilgore

The Dow Jones Transportation Average /zigman2/quotes/210598063/delayed DJT -0.84% slumped 0.3% toward a six-month low, as the plunge in FedEx Corp.'s stock /zigman2/quotes/203047719/composite FDX -0.74% after disappointing earnings single handedly turning the index negative despite sharp gains in the broader stock market. The Dow transports, a price-weighted index, was down despite 14 of the 20 components gaining ground, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.08% rallied 346 points, or 1.0%, with 25 of 30 components gaining ground. FedEx's stock was down $21.65, or 8.6%, while the combined price gains of all the stocks rising was $21.07. Among the biggest price gainers, shares of Avis Budget Group Inc. /zigman2/quotes/203618115/composite CAR +1.14% rallied $5.74, Ryder System Inc. /zigman2/quotes/208674852/composite R -0.55% climbed $2.26 and Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +0.44% advanced $1.72. Among other decliners, shares of United Parcel Service Inc. /zigman2/quotes/201245396/composite UPS +0.97% shed $4.02 and J.B. Hunt Transport Services Inc. /zigman2/quotes/205536609/composite JBHT -1.68% tacked on $1.01.

/zigman2/quotes/210598063/delayed
US : Dow Jones Indices
14,334.77
-121.64 -0.84%
Volume: 100.44M
May 16, 2022 5:14p
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/zigman2/quotes/203047719/composite
US : U.S.: NYSE
$ 209.72
-1.57 -0.74%
Volume: 1.30M
May 16, 2022 4:00p
P/E Ratio
13.82
Dividend Yield
1.43%
Market Cap
$54.76 billion
Rev. per Employee
$316,775
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
32,223.42
+26.76 +0.08%
Volume: 332.70M
May 16, 2022 5:14p
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/zigman2/quotes/203618115/composite
US : U.S.: Nasdaq
$ 207.47
+2.34 +1.14%
Volume: 750,531
May 16, 2022 4:00p
P/E Ratio
6.40
Dividend Yield
N/A
Market Cap
$9.91 billion
Rev. per Employee
$493,952
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/zigman2/quotes/208674852/composite
US : U.S.: NYSE
$ 83.19
-0.46 -0.55%
Volume: 2.18M
May 16, 2022 4:00p
P/E Ratio
6.93
Dividend Yield
2.79%
Market Cap
$4.28 billion
Rev. per Employee
$240,541
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/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 43.18
+0.19 +0.44%
Volume: 4.58M
May 16, 2022 4:00p
P/E Ratio
45.75
Dividend Yield
0.00%
Market Cap
$25.49 billion
Rev. per Employee
$334,519
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/zigman2/quotes/201245396/composite
US : U.S.: NYSE
$ 179.77
+1.73 +0.97%
Volume: 3.00M
May 16, 2022 4:03p
P/E Ratio
14.68
Dividend Yield
3.38%
Market Cap
$155.68 billion
Rev. per Employee
$184,734
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/zigman2/quotes/205536609/composite
US : U.S.: Nasdaq
$ 173.48
-2.96 -1.68%
Volume: 458,638
May 16, 2022 4:00p
P/E Ratio
21.52
Dividend Yield
0.92%
Market Cap
$18.49 billion
Rev. per Employee
$394,575
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