The Ratings Game: FedEx’s stock rallies in a bad market, with Wall Street encouraged by China ‘rebound’ [MarketWatch]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
Check Earnings Report
US:NYSE Investor Relations:
fedex.com/us/investorrelations
Company Research
Source: MarketWatch
FedEx’s stock rallies in a bad market, with Wall Street encouraged by China ‘rebound’ Shares of FedEx Corp. surged Wednesday, to buck the sharp selloff in the transport sector and the broader stock market, as a fiscal third-quarter revenue beat and a rebound in its China business helped soothe Wall Street concerns over COVID-19-related uncertainties. The stock FDX, +4.97% ran up 5.0% to $99.68, despite the 10.4% tumble in the Dow Jones Transportation Average DJT, -6.65% and the Dow Jones Industrial Average’s DJIA, -6.30% 1,338-point, or 6.3% plunge. FedEx shares have lost 37.1% over the past month, while the Dow transports has shed 35.8% and the Dow industrials has given up 31.9%. Analyst Patrick Brown at Raymond James cut his price target to $150 from $167, but maintained the outperform rating he’s had on FedEx for at least the past three years. He said that despite the “fluid” negative impact of the COVID-19 pandemic, which comes on the heels of trade uncertainty, a slow gl
Show less
Read more
Impact Snapshot
Event Time:
FDX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FDX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FDX alerts
High impacting FedEx Corporation news events
Weekly update
A roundup of the hottest topics
FDX
News
- FedEx Survey: Two-Thirds of Canadian Online Holiday Shoppers Expect to Spend the Same or More in 2024 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Workhorse Group Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Here's Why FedEx (FDX) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- FedEx Corporation (FDX) Baird Global Industrial Conference (Transcript) [Seeking Alpha]Seeking Alpha
- FedEx, GXO and Pitney Bowes Cut Staff in Round of Logistics Layoffs [Yahoo! Finance]Yahoo! Finance
FDX
Earnings
- 9/19/24 - Miss
FDX
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- FDX's page on the SEC website