FedEx Shares Tumble as Trade Tensions Cloud Future Despite Strong Q4
FedEx Shares Tumble as Trade Tensions Cloud Future Despite Strong Q4 FedEx (NYSE:FDX) saw its shares drop over 5% in after-hours trading Tuesday, as the delivery giant’s cautious outlook for the year ahead overshadowed a strong performance in its most recent quarter. The company cited a volatile global demand environment and ongoing U.S.-China trade tensions as key headwinds. The immediate concern for investors stems from FedEx’s fiscal Q1 adjusted earnings forecast, projected to be between $3.40 and $4.00 per share….