Fedex stock plummets after earnings miss, lower outlook flashes warning on economy
- Posted on September 20, 2024
- By Google News
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Fedex stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
