Previous Close | 0.0200 |
Open | 0.6800 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 250.00 |
Expire Date | 2024-07-05 |
Day's Range | 0.0100 - 0.7400 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
FedEx stock (FDX) is delivering serious gains in Wednesday’s trading after the freight and parcel service beat fiscal fourth-quarter earnings estimates on Tuesday. In addition to positive results, the company announced a $2.5 billion share buyback plan and raised its full-year 2025 guidance. Market Domination's Julie Hyman and Josh Lipton examine FedEx's stock momentum as it evaluates the worth of its freight segment and the success of cost-cutting initiatives. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Nvidia (NVDA) rallied in Tuesday's session, snapping a three-day losing streak that dragged tech-heavy market indexes (^DJI, ^IXIC, ^GSPC) down along with it. FedEx (FDX) shares are jumping in pre-market trading after beating fiscal fourth-quarter earnings estimates and opening up more about the success of the delivery company's cost-cutting efforts. Rivian (RIVN) stock surges after Volkswagen (VOW3.DE, VWAGY) announced a $5 billion investment into a joint EV venture. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The company also plans to complete a review of FedEx Freight by the end of the calendar year.