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UPS - Why UPS FedEx and Old Dominion Freight Line Stocks Are Surging Today
United Parcel Service Inc.
Transportation stocks saw a light at the end of the coronavirus tunnel Monday -- and floored it -- racing ahead in hopes the end of this global tragedy is finally in sight.
As of 2:30 p.m. EDT, shares of United Parcel Service(NYSE: UPS) stock are up 5.4%, rival FedEx(NYSE: FDX) is up 8.7%, and trucker Old Dominion Freight Line(NASDAQ: ODFL) is rising 10.3%.