FedEx: Why Did The Stock Price Soar?
No summary available.
https://seekingalpha.com/article/4701193-fedex-why-did-the-stock-price-soar?source=feed_all_articles
Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.
FedEx Corporation (FDX) is a multinational delivery services company recognized for its express shipping and courier services. The company has a global presence and plays a significant role in the logistics industry.
FDX stock is up 15.8% on Jun 26, 2024 18:21
No summary available.
https://seekingalpha.com/article/4701193-fedex-why-did-the-stock-price-soar?source=feed_all_articles
Q4 2024 FedEx Corp Earnings Call Transcript
https://www.gurufocus.com/news/2464439/q4-2024-fedex-corp-earnings-call-transcript
FedEx FDX came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.34 per share. This compares to earnings of $4.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.31%.
https://www.benzinga.com/news/earnings/24/06/39492308/fedex-q4-earnings-surpass-estimates
These are the stocks posting the largest moves in midday trading.
https://www.cnbc.com/2024/06/26/stocks-making-the-biggest-moves-midday-rivn-fdx-whr-and-more.html
The Nasdaq gained, while the Dow and S&P 500 were little changed at midday Wednesday, June 26, 2024 ahead of a key report on inflation due later in the week.
https://www.investopedia.com/top-stock-movers-now-fedex-rivian-general-mills-and-more-8669516
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