Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs ...
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...
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U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...
U.S. stock futures are mostly edging lower ahead of "triple witching," Nike jumps on new CEO, FedEx slumps on downbeat ...
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
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Stock Market News Today, 9/20/24 – Futures Trend Lower After Thursday’s Stellar RallyU.S. stock futures trended lower early Friday following the stellar rally in major indices yesterday, triggered by the ...
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
FedEx remains profitable, is focused on cost savings, and now trades at an attractive price for long-term investors. Despite ...
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