FedEx cuts earnings outlook for year again, rattles market
Through the close of Thursday’s market, the stock price has fallen 5.3% for the year. (Jim Weber/AP file)
By 8 p.m., FedEx shares had fallen $13.80 to $232.41 in after-hours trading on Thursday. Through the close of market, the stock price has fallen 5.3% for the year.
Topics
Raj Subramaniam FedEx Corp. John Dietrich Brie CarereJane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.