XPO Logistics Trading Volume Drops 32.91% Ranking 347th in Market
On May 1, 2025, XPO's trading volume was $292 million, a 32.91% decrease from the previous day, ranking 347th in the day's stock market. XPO's stock price fell by 2.05%.
XPO Logistics, Inc. has announced that it will be holding its annual shareholders meeting on May 15, 2025. The meeting will be held virtually, allowing shareholders to participate from anywhere in the world. The company will discuss its financial performance for the fiscal year 2024 and provide an outlook for the upcoming year. Shareholders will also have the opportunity to vote on various proposals, including the election of directors and the approval of auditors.
XPO Logistics, Inc. has reported its financial results for the first quarter of 2025. The company's revenue for the quarter was $4.5 billion, a 5% increase from the same period last year. Net income for the quarter was $150 million, a 10% increase from the previous year. The company's earnings per share for the quarter were $1.20, a 12% increase from the previous year. The company's strong financial performance was driven by increased demand for its logistics services and cost-cutting measures.
XPO Logistics, Inc. has announced that it will be acquiring a majority stake in a leading e-commerce logistics provider. The acquisition is expected to strengthen XPO's position in the e-commerce logistics market and provide new growth opportunities. The acquisition is subject to regulatory approval and is expected to close in the third quarter of 2025. The terms of the acquisition were not disclosed.