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Stock impact report

What’s Next For FedEx Stock After A 4% Drop Last Week? [Forbes]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Forbes
HONG KONG, CHINA - 2021/04/18: A man walks past the American FedEx Express delivery truck seen in... [+]Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)[Updated: 6/8/2021] FDX Stock UpdateThe stock price ofFedEx (NYSE: FDX)Given that FDX stock has fallen 4.3% in just five days, will it resume its downward trajectory over the coming weeks, or is a rise in the stock imminent? We believe that the stock will rebound in the near term. Using the recent trend (4.3% fall in a week) and ten years of historical stock data, the Trefis engine finds that FDX stock will likely move higher over the next one month (twenty-one trading days).According to the Trefis Machine Learning Engine, which identifies trends in a company’s stock price using historical stock data, returns for FDX stock average around2.1%5%But how would these numbers change if you are interested in holding FDX stock for a shorter or a longer time period? You can test the answer an Show less Read more
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