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FedEx Stock Jumps On Q4 Earnings Beat: ETFs Likely To Gain
Article By:
Sweta Killa
Thursday, June 27, 2024 2:20 AM EDT
Following the earnings results on 25th June, FDX shares jumped more than 15% in after-market trading on elevated volume. The smooth trading is also expected to be felt in the ETF world, especially for the ones with the highest allocation to FedEx.
Market Briefing For Wednesday June 26
Article By:
Gene Inger
Wednesday, June 26, 2024 3:40 AM EDT
Divergent trends are mostly superficial, as re-balancing dominates the day and perhaps the week.
FedEx Q4 Earnings Surpass Estimates
I was working at #FedEx during the last strike. What a nightmare! But beneficial for FedEx overall. $FDX
2 Main Factors That May Spell Serious Trouble For FedEx
The question is, would they ever want to? Launching their own shipping division seems to be more a way of saving money than diversifying. So both companies are likely safe from competition. But the lost revenue will definitely hurt them. They made billions from Amazon. $AMZN $UPS $FDX
FedEx Misses Expected Earnings Per Share
Not surprised. $FDX