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FedEx, Transports, Flash Bright Yellow to the Markets

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FedEx, Transports, Flash Bright Yellow to the Markets
A FedEx truck is parked next to a UPS truck as both drivers make deliveries in San Diego, Calif., on Mar. 5, 2013. Mike Blake/Reuters
J.G. Collins
Updated:
Commentary

FedEx, the global delivery and logistics company, withdrew its forward guidance after the market closed on Sept 15.  The share price collapsed by more than 16 percent in after-hours trading.  On Sept. 16, FedEx (FDX) shares opened sharply lower and closed down 21.4 percent by the time the market closed.

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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