FedEx Stock Soars: A New Outlook
Update: 2025-09-18
Description
FedEx stock skyrockets after reinstating its full-year outlook, defying earlier investor concerns about shipping demand and tariffs. The company projects revenue growth between four and six percent, announces a one-billion-dollar cost-cutting plan, and intends to spin off its freight business. This news follows a strong first quarter with revenue up nearly three percent, driven by U.S. shipping volumes, signaling renewed confidence and strategic focus.
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