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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| FedEx Corp | NYSE:FDX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.38 | -0.53% | 260.65 | 265.57 | 259.845 | 263.50 | 1,085,245 | 01:00:00 |
From May 2019 to May 2024
By Stephen Nakrosis
Shares of package delivery company FedEx Corp. (FDX) are trading lower in Tuesday's after-hours market, after the company lowered its guidance for fiscal year 2020, citing increased trade tensions and weakening global economic conditions.
At 4:15 p.m. ET, FedEx shares were down 13.09% to trade at $160.21. After-hours volume topped 40,000 shares. The company's shares finished the day's regular trading session with a 0.16% loss, closing at $173.30.
After the bell Tuesday, FedEx released its first-quarter earnings, and said it is taking additional cost-cutting measures "to mitigate the effects of macroeconomic uncertainty, including post-peak reductions to the global FedEx Express air network to better match capacity with demand."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 17, 2019 16:37 ET (20:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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