NYSE:FDXLogistics
FedEx (FDX) Valuation in Focus After Ariel Global Fund Bet and Freight Spin-Off Plans
FedEx (FDX) is getting a fresh look from investors after Ariel Global Fund added the company to its portfolio. The fund pointed to stronger margins under new leadership and an upcoming spin-off of FedEx Freight.
See our latest analysis for FedEx.
FedEx shares have picked up steam lately, with a robust 11.7% share price return over the past month and a strong 15.6% move in the last quarter. Despite a year-to-date dip, optimism is building after the company reaffirmed its dividend, made a...