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

By |2023-06-22T17:39:18+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 [...]