FedEx (FDX) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading session saw FedEx (FDX) ending at $226.12, denoting a -1.48% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.09%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq added 0.02%.The the stock of package delivery company has risen by 10.58% in the past month, lagging the Transportation sector's gain of 14.63% and the S&P 500's gain of 13.05%.The investment community will be paying close attention to the earnings performance of ...