FedEx Up Over 6%, On Pace for Highest Close Since September 2018 -- Data Talk

FedEx Corporation (FDX) is currently at $252.30, up $15.63 or 6.6%

-- Would be highest close since Sept. 17, 2018, when it closed at $255.73

-- On pace for largest percent increase since Aug. 10, 2020, when it rose 8.96%

-- Earlier Wednesday, six firms raised their price target on FedEx, Benzinga reported

-- On Tuesday, FedEx reported first-quarter earnings of $1.25 billion, compared with $745 million a year earlier. Excluding certain expenses, the company said earnings per share were $4.87. Revenue rose 13% to $19.3 billion from a year earlier

-- Currently up five of the past six days

-- Currently up four consecutive days; up 12.41% over this period

-- Longest winning streak since Aug. 24, 2020, when it rose for five straight trading days

-- Best four day stretch since the four days ending Aug. 12, 2020, when it rose 17.25%

-- Up 14.77% month-to-date

-- Up 66.85% year-to-date

-- Down 8.03% from its all-time closing high of $274.32 on Jan. 19, 2018

-- Up 67.19% from 52 weeks ago (Sept. 18, 2019), when it closed at $150.91

-- Would be a new 52 week closing high

-- Up 178.82% from its 52 week closing low of $90.49 on March 16, 2020

-- Traded as high as $256.18; highest intraday level since Sept. 17, 2018, when it hit $259.25

-- Up 8.24% at today's intraday high; largest intraday percent increase since Aug. 10, 2020, when it rose as much as 9.22%

All data as of 2:49:14 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 16, 2020 15:15 ET (19:15 GMT)

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