20 12, 2023

FedEx Falls After Cutting Full-Year Revenue, Should You Sell?

By |2023-12-20T18:12:26+00:00December 20th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

In a crushing quarter 2 report released yesterday, FedEx (FDX) cut its full-year revenue to $22.2 billion in 2024 from $22.8 billion in 2023. The report caused FedEx to fall 9.8% in the stocks, ruining months of gains. Despite the market’s adverse reaction, nobody can blame a company for cutting costs during high interest [...]

22 06, 2023

FedEx Falls on Disappointing 4th Quarter Earnings – Cause for Concern, or is the Stock Still Strong?

By |2023-12-07T20:49:46+00:00June 22nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

FedEx (FDX) reported fiscal 4th quarter earnings on Tuesday, and while there were some positive highlights, much of the report was negative. As a result, shares fell more than 5% in extended trading. This was the company’s third consecutive quarter in a row of declining revenue, as sales fell more than 10% to just [...]

16 09, 2022

Why FedEx Stock Plummeted 26% Overnight & What it Means for Investors

By |2023-12-07T21:16:15+00:00September 16th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

While FedEx stock closed over $200 on Thursday, September 15, investors were in for a rude awakening this morning as shares plummeted over 25% at market open. Right now, the stock sits below $160/share. Altogether, the company lost a market cap of about $11 billion as a result. This is certainly a problem for [...]

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