Why the Market Dipped But FedEx (FDX) Gained Today
FDXFedEx(FDX) ZACKS·2024-05-31 07:16

FedEx (FDX) closed the latest trading day at $249.58, indicating a +1.82% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.6%. Meanwhile, the Dow experienced a drop of 0.86%, and the technology-dominated Nasdaq saw a decrease of 1.08%.Shares of the package delivery company witnessed a loss of 5.99% over the previous month, trailing the performance of the Transportation sector with its loss of 3.3% and the S&P 500's gain of 3.15%.The upcoming earnings release of FedEx ...