Expeditors International Moving Lower On High Volume (EXPD)

Shares of Expeditors International (NASDAQ: EXPD) have lost 2.59% today and are currently trading at $33.89. Yesterday, saw relatively heavy put volume in the options market on EXPD shares. In the last three months, the stock has appreciated around 5%. Over 4.5 million EXPD shares have exchanged hands today versus a daily average of 1.88 million.

According to Google Finance, "Expeditors International of Washington, Inc. (EXPD) is engaged in the business of providing global logistics services. The Company offers its customers an international network supporting the movement and positioning of goods."