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Expeditors International of Washington stock falls 1.01% as CBP postpones trade security summit
Shares of Expeditors International of Washington (EXPD) dropped 1.01% after U.S. Customs and Border Protection announced the postponement of the Trade and Cargo Security Summit to September 2026. The stock is currently trading at $141.22, below its 20-day and 50-day moving averages, indicating short-to-medium-term bearish momentum, though it remains above its 200-day moving average. Technical indicators suggest a high probability of further declines, with an expected trading range of $137.00 to $146.00 for the coming week.