Here's What Pushed FedEx Shares to a New All-Time High

Here's What Pushed FedEx Shares to a New All-Time High

In this segment from the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser, Total Income's Ron Gross, and Motley Fool Pro and Options' Jeff Fischer dig into the second-quarter results from the package shipping giant, which included a remarkable $15 billion in revenue. The company laid out $4.8 billion of European-focused TNT Express last year, but that subsidiary was the victim of a serious ransomware attack this summer, which has impaired it noticeably. But investors are not as focused on the short term with FedEx (NYSE: FDX).

A full transcript follows the video.

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Source: Fool.com