This stock nosedives 2 days after Jim Cramer's bullish comments
FedEx(FDX) Finbold·2024-09-20 19:43
Just days after American TV personality Jim Cramer praised FedEx Corporation (NYSE: FDX) as a “great stock to own,” the company’s shares took a nosedive, giving, once again, fuel to his critics who believe CNBC’s ‘Mad Money’ host is perpetually in the wrong.Indeed, during an episode of his show on September 18, Cramer highlighted FedEx as one of the companies doing better than Wall Street realized, especially amid (now proven justified) expectations that the United States Federal Reserve would start cutting ...