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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 Nov 2023 to May 2024
By Ben Glickman
FedEx slashed its full-year outlook for revenue after top- and bottom-line results missed analysts' estimates in the fiscal second quarter. The company has continued to see weaker shipping demand but raised profits in the period because of ongoing cost-cutting. Shares fall 9.1% to $254.50 after-hours.
Steelcase's sales fell 6% in the fiscal third quarter, more than expected by analysts. The furniture company forecast a revenue drop of 1% to 5% in the fourth quarter because of a lower order backlog as of the end of previous period. Shares fall 8.4% to $11.63 after-hours.
KULR Technology announced an underwritten public offering, but didn't say how many shares it would sell. The company plans to use proceeds for paying off credit facilities. Shares fall 16% to 25 cents after-hours.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 19, 2023 18:58 ET (23:58 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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