Why Shares of IBM, General Electric, and FedEx Are All Down Today
Across the nation and across the stock market, stocks are falling Thursday, with blue chip names and economic bellwethers like IBM (NYSE: IBM), General Electric (NYSE: GE), and FedEx (NYSE: FDX) following the rest of the market in a downward slide.
As of 1:55 p.m. EDT, FedEx stock has lost 6.9% of its value, General Electric shares are off 7.2%, and IBM has slumped 8.2%.
But why are these stocks falling in the first place?
Source Fool.com
