Reported about 8 hours ago
FedEx shares saw a significant decline after the company announced it would not issue a full-year forecast for fiscal 2026, following consecutive downgrades for fiscal 2025. The stock, which has fallen nearly 20% this year, dropped another 5% in after-hours trading after the update. In its fourth quarter, FedEx reported slight revenue growth and better-than-expected adjusted net income, but concerns over shipping demand and recent tariff announcements have impacted investor sentiment.
Source: YAHOO