FedEx falls on 2019 forecast cut, multiple brokerages lower price target

Shares of FedEx Corp fell about 7 percent before the bell on Wednesday after the package delivery company cut its 2019 profit forecast for the second time blaming slowing global trade growth and continued weakness in its international Express business.

…read more

Read more here: FedEx falls on 2019 forecast cut, multiple brokerages lower price target

Category: businessNews

Leave a Reply

%d bloggers like this: