Should You Buy The Recent Dip In FedEx Stock?
- Friday, September 24, 2021, 10:17
- Market
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The stock price of FedEx plunged over 9% in yesterday’s trading session, following its fiscal Q1 2022 earnings, which were below the consensus estimate, and the company also lowered its full-fiscal year outlook, primarily due to rising labor costs. Specifically, the company’s operating margins fell.
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