CSIMarket
 
Matson inc   (MATX)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services
 


 MATX $132.8700 $0.3300 0.25%

 Volume (M): 329   Open : 131.53    52 Wk Avg :  105.01


Matson Inc MATX OHLC Open High Low Closing Chart




  What happened with Matson inc's Stock

for this report could be Matson Incs Stock Shows Moderate Growth in June 2024, Underperforming the Market Overall.

In June 2024, Matson Inc's stock experienced a slight increase of 2.5%, rising from $129.06 to $130.97. Despite this modest growth, Matson Inc shares outperformed CSIMarkets index tracking Matson Inc's suppliers over the past quarter. However, throughout the month of June, Matson Inc shares trailed the overall market performance.

The stock reached its highest point at $133.53 on June 25th, indicating a temporary peak in investor confidence. However, on June 14th, the shares hit their lowest point at $117.785 for the month. This significant drop likely perturbed investors and may have contributed to the overall underperformance in the market.

Comparing Matson Inc's stock performance to the Services sector, which had an average increase of 4.57% during the same period, it is clear that Matson Inc's growth was relatively moderate. Investors may have sought opportunities in other sectors that provided greater potential for returns.

Based on these observations, a suitable





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