22 03, 2024

FedEx is Up 8% After Beating Earnings, Approving $5b Buyback: 3 Other Reasons to Buy FDX

By |2024-03-22T15:22:04+00:00March 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

FedEx (FDX) is ending the week with a bang. The stock is up more than 8% Friday morning after the company beat the expectations for third-quarter earnings and announced a massive stock buyback program. The company did disappoint in revenue, with a 2% slip year over year to $21.7 billion. However, the bottom line [...]

Read More
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, Stock Market 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 [...]

Read More
Go to Top