FedEx's stock drops 5% due to profit outlook affected by tariffs.
From Investing.com: 2025-06-24 23:25:00
FedEx’s stock dropped 5% after the company revised its profit outlook due to challenges posed by tariffs. The company now expects adjusted earnings for fiscal 2020 to fall below analysts’ expectations. This news reflects the impact of ongoing trade tensions on global shipping companies like FedEx.
Read more at Investing.com: FedEx shares sink 5% after profit outlook highlights tariff challenges