Why FedEx Stock Fell 5% This Morning
Shipping giant FedEx (NYSE: FDX) stock fell more than 5% in early trading Thursday in response to a Wall Street Journal story detailing problems the company may be having in keeping up with demand from its customers.
As of 11:30 a.m. EDT, FedEx shares have recovered some of their losses, and are trading down "only" 3.3%.
Source Fool.com