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FedEx stock falls
Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
Why UPS Stock Is Falling Today
FedEx sounded the alarm, and investors in its archrival are taking notice. Shares of United Parcel Service ( UPS -2.56%) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and lowered its full-year forecast.
FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
Stock market, Wall Street
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before. The S&P 500 was down 0.5% in late trading,
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades
Asian Stocks Follow Wall Street's Rate-Cut Rally Higher, as BOJ Stands Pat
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates
11h
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
Friday's big stock-market loser was FedEx Corp., with shares of the package-shipping company down 14% in recent trade, according to Dow Jones Market Data. What triggered such a precipitous drop? FedEx ...
19h
Stock Market Today: Nasdaq Futures Slip; FedEx Stock Sinks
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
15h
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...
22h
on MSN
Stock Market Today: Stock rally stalls amid global growth concerns
On Wall Street, traders will also eye both the quarterly rebalancing of major stock benchmarks, including the S&P 500, as ...
12h
Stock Market Today: Stocks Close Out Fed Week on a Quiet Note
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...
1d
Stock Market Today: Indexes Slip; FedEx Stock Sinks
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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