FDX

The wall street community is all eyes on the upcoming FedEx (NYSE: FDX) results releasing tomorrow. While a lot of bad news has been disclosed by the company in its preliminary results at the end of last week, investors will seek more details on the long-term scenario. Based in the U.S., FedEx Corp. is a multinational delivery services company that provides transportation, e-commerce, and business services worldwide. Why is FedEx Stock Falling? The stock plummeted over 20% on September 16 after the company announced dismal preliminary Q1 results based on muted demand in global shipments, weakness in Asia and Europe, as well as high operating expenses.
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