Big FedEx stock jump had help from New York wealth-management firm
Memphis-based FedEx enjoyed its greatest single-day stock jump in more than 30 years. (Courtesy FedEx)
D. E. Shaw & Co. is known for its activist investing, including its role in Exxon Mobil Corp.’s decision to add to its board and make $6 billion worth of cost savings changes.
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FedEx Corp. D. E. Shaw group Raj Subramaniam FedEx Ground Activist investor Subscriber OnlyAre you enjoying your subscription?
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Rob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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