See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

FedEx Corp. stock underperforms Wednesday when compared to competitors

Posted on AllSides December 20th, 2023
From The Center

Shares of FedEx Corp. FDX, plunged 12.05% to $246.25 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, falling 1.47% to 4,698.35 and Dow Jones Industrial Average DJIA, falling 1.27% to 37,082.00. This was the stock's second consecutive day of losses. FedEx Corp. closed $39.28 below its 52-week high ($285.53), which the company reached on December 18th. The stock underperformed when compared to some of its competitors Wednesday, as United Parcel Service Inc. Cl B UPS, fell 2.88%...

Read full story

AllSides Picks

More News about Banking And Finance from the Left, Center and Right

From the Left

From the Center

From the Right