Here's Why FedEx (FDX) Gained But Lagged the Market Today
FDXFedEx(FDX) ZACKS·2024-09-10 07:16

FedEx (FDX) closed at $283.30 in the latest trading session, marking a +0.09% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%.The package delivery company's stock has climbed by 2.03% in the past month, exceeding the Transportation sector's gain of 1.99% and lagging the S&P 500's gain of 3.48%.The upcoming earnings release of FedEx will be of great interest to investors. The company ...