FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value.
FedEx (NYSE:FDX) reported Q2 2025 results on the 19th of December and investors seem to have liked what they saw as the stock is trading up 8% pre-market at $297. I covered FedEx in June this year ...
FedEx shares rose about 8% in postmarket trading after the delivery giant said had decided to spin off its freight trucking division as a separate public company. The announcement by the Memphis, Tenn ...