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Big FedEx stock jump had help from New York wealth-management firm

By , Daily Memphian Updated: June 23, 2022 8:24 PM CT | Published: June 23, 2022 4:00 AM CT

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 Only

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Rob Moore

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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