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, Stock Market 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 [...]