Thinking Of Buying FedEx Stock? Here’s What You Need To Know.
Shipping giant FedEx (NYSE: FDX) reported its second-quarter fiscal year 2020 (Q2 FY2020) earnings on Tuesday. They were, wait for it, another disappointment, sending shares 10% lower on Wednesday. Here's everything you need to know about FedEx going forward.
If there's one way to cripple investor confidence, it's repeatedly disappointing on earnings. For the past eight quarters, meaning Q3 FY2018 to Q2 FY2020, FedEx stock has fallen the day after. Every. Single. Time.
Fiscal Quarter
Source Fool.com