US industrial economy News

FedEx Shares Plunge to Lowest Since June 2023 Amid Economic Uncertainty

FedEx Corp's stock plummeted nearly 11% at the opening bell on Friday, reaching its lowest since June 2023. The company revised its annual profit and revenue forecasts downward due...

FedEx Shares Plummet to Lowest Since June 2023 Amid Economic Uncertainty

FedEx Corp's shares fell nearly 11% to their lowest since June 2023 after cutting its annual profit and revenue forecasts, citing US economic uncertainty.