NYSE:FDXLogistics
A Look At FedEx (FDX) Valuation As The FedEx Freight Spinoff Plans Take Shape
FedEx (FDX) is back in the spotlight after FedEx Freight outlined its June 1 spinoff plan and told investors how a standalone less than truckload business could reshape the story behind the stock.
See our latest analysis for FedEx.
That freight spinoff story is landing in a market that has already re-rated FedEx, with the share price at $374.08 after a 90 day share price return of 19.93% and a 1 year total shareholder return of 84.05%, suggesting strong momentum rather than a short term...