Trump’s Trade War Is Taking a Toll on FedEx Stock - Barron's
FedEx(FDX) stock has underperformed this year, and shares were trading down nearly 5% Tuesday after the company reported fiscal first-quarter earnings.
Where we were: FedEx shares have fallen 2.5% this year, lagging behind both the market and rival United Parcel Service(UPS).
Where we’re headed: Tariffs could crimp economic activity, management warns.
It may seem like more packages are landing on your doorstep than ever before, but your online shopping habit isn’t translating to profits for FedEx.
FedEx(FDX) stock has underperformed this year, and shares were trading down nearly 5% Tuesday after the company reported fiscal first-quarter earnings.
Where we were: FedEx shares have fallen 2.5% this year, lagging behind both the market and rival United Parcel Service(UPS).
Where we’re headed: Tariffs could crimp economic activity, management warns.
It may seem like more packages are landing on your doorstep than ever before, but your online shopping habit isn’t translating to profits for FedEx.
