FedEx stock (FDX) tanked nearly 15% Friday morning following a much-worse-than-anticipated quarterly earnings report the day before, highlighting investor concerns over emerging cracks in the US economy.
1. 🇺🇸 Politician Trade Tracker:
2.âś… Join LPP $150 (Daily Live Trading):
3. 📸 Instagram:
4. Fuel Your Motivation:
5.đź“Š Free 12 FREE Stocks (WEBULL):
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 300,000
FedEx, which is often viewed as a bellwether for the economy, reported profits of $892 million, about 24% lower than analysts anticipated for its fiscal first quarter ended Aug. 31. The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22.
#fdx #fedex #topstocks #stocksforbeginners
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
source