FedEx Raises Guidance and Trims Spending, Resulting in 10% Stock Jump
Thursday, 21 March 2024, 20:37
FedEx's Financial Update Sparks Market Enthusiasm
FedEx Corp. delivers a positive financial forecast, prompting a surge in its stock performance. The logistics giant plans to trim spending, signaling a commitment to operational efficiency and profitability. The heightened guidance has instilled confidence among investors, driving optimism in the market.
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