FedEx stock boosted by cost savings plans amid a second-quarter earnings miss

FedEx stock boosted by cost savings plans amid a second-quarter earnings miss

The Crash Makes FedEx Cheap But It's A Pass For Me Summary - Last June, I warned FedEx's short-term earnings could disappoint investors. - FedEx shares crashed 20% last week when the company announced preliminary fiscal first quarter earnings, but yesterday's earnings release pushed FDX stock higher just before the closing bell. - In this article, I will evaluate the prospects for the company and the industry to determine whether FedEx is a great company that just got cheap. - …