FedEx: FedEx Stock's Sell-Off Drags Down UPS. Is the High-Yield Dividend Stock a Buy Now?
Shares of FedEx (NYSE: FDX) hit a new 52-week low on March 21 after the company reported fiscal third-quarter earnings and trimmed its full-year guidance again. Shares of rival package delivery company United Parcel Service (NYSE: UPS) also fell on the news, and then sold off by
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FedEx is a Tennessee-based logistics company that provides services such as shipping and freight forwarding for individuals and businesses.
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