Reported 18 days ago
In the latest trading session, FedEx shares plummeted after the company reduced its profit and revenue forecasts, prompting a downgrade from Morgan Stanley due to structural risks. Lennar also saw its stock decline as it missed quarterly home order expectations amid rising mortgage rates. Meanwhile, Trump Media's shares dropped following the expiration of a lock-up agreement, allowing Donald Trump to potentially sell his significant stake in the company.
Source: YAHOO