Previous close | 29.25 |
Open | 8.30 |
Bid | 6.95 |
Ask | 7.60 |
Strike | 310.00 |
Expiry date | 2025-06-20 |
Day's range | 8.00 - 8.65 |
Contract range | N/A |
Volume | |
Open interest | 1.25k |
Morgan Stanley downgrades FedEx (FDX) from Equal-Weight to Underweight after the company's fiscal first quarter earnings miss sent shares reeling on Friday. Market Domination hosts Josh Lipton and Julie Hyman take a look at the analyst note from Morgan Stanley's Ravi Shankar and what it means for the postal carrier heading into the 2024 holiday season. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.
Wall Street weighs in on FedEx after the shipping company reports weaker-than-expected quarterly earnings.
Though Q3 expectations have been revised lower, the expectation overall is for an accelerating growth trend over the coming periods.