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Stock impact report

FedEx Redraws Investor Story As Market Cap Tops UPS For First Time [Yahoo! Finance]

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: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. FedEx, NYSE:FDX, has surpassed UPS in market capitalization for the first time, marking a new milestone for the delivery giant. The company is planning a major spin-off of FedEx Freight and will shift its fiscal year-end, reshaping how results are reported to investors. FedEx is also introducing a reusable shipping container aimed at cutting costs and lowering emissions across its network. FedEx shares recently closed at $351.68, with the stock up 20.0% year to date and 48.4% over the past year. Over a 3 year period the stock is up 70.0%, and 38.7% over 5 years, signaling sustained investor interest in NYSE:FDX through different market conditions. These new moves around corporate structure, reporting cadence, and packaging design could reshape how FedEx competes and how investors evaluate the business. As Show less Read more
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