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Why FedEx Shares Are Trading Higher By 5%; Here Are 20 Stocks Moving Premarket - Adaptimmune Therapeutics (NASDAQ:ADAP), AGM Group Holdings (NASDAQ:AGMH)
Benzinga·2025-09-19 09:25

Shares of FedEx Corporation FDX rose sharply in pre-market trading after the company posted better-than-expected financial results for the first quarter of fiscal 2026 on Thursday after the bell.FedEx expects revenue to be up 4% to 6% on a year-over-year basis in fiscal 2026. The company also reaffirmed plans for permanent cost reductions of 1billionfromstructuralcostreductionsandtheadvancementofNetwork2.0.FedExsharesjumped4.81 billion from structural cost reductions and the advancement of Network 2.0.FedEx shares jumped 4.8% to 237.50 in the pre-market trading session.Here are some other ...