FedEx stock had been on the decline since the end of May 2021 but the decline seems to be coming to an end following stronger-than-expected earnings and a directive for a share buyback plan.
Investors are now lining up for the stock following its strong growth prospects borrowing from its past price movements.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
To help stock investors interested in investing in FedEx stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares and Options.
Register with Plus500 instantly
FedEx stock is the stock of FedEx Corporation and it trades on the New York Stock Exchange under the symbol NYSE: FDX.
FedEx Corporation was formerly known as Federal Express Corporation and later FDX Corporation before rebranding to FedEx. It is an American multinational conglomerate holding company that focuses on e-commerce, business services, and transportation.
FedEx headquarters are located in Memphis, Tennessee.
If you are looking for a stock dip that you can take advantage of, the FedEx stock price dip could be a great choice.
Following the recent earnings report, FedEx’s share price is expected to boom again and possibly go past its previous high by the end of the first quarter of 2022.
The stock had a similar dip towards the end of 2018 and it bounced back stronger and surpassed all its previous high to register a new all-time high in May 2021.
10/10
67% of retail CFD accounts lose money
There is good reason to be afraid. Previous down markets have seen declines in excess…
United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are two robust logistics companies. Both…
Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June,…
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling…
Noma, a Japanese film studio, has announced that it is producing three feature films that…
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a…