FedEx Stock Gets Smoked After Warning Next Year Will Stink

2019-9-18 02:21

FedEx stock is down 8% after-hours after the company reported earnings that missed analysts’ expectations and also guided towards lower revenue and profits for the rest of the year. What exactly is driving FedEx’s current problems? Is it a weakening economy, the trade war with China, or competition? Let’s parse the numbers from the earnings […] The post FedEx Stock Gets Smoked After Warning Next Year Will Stink appeared first on CCN.com

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