FedEx Delivers: Reveals Value-Building Plan for 2025
FedEx(FDX) MarketBeat·2024-12-24 12:46
FedEx TodayFDXFedEx$269.01 -6.72 (-2.44%) 52-Week Range$234.45▼$313.84Dividend Yield2.05%P/E Ratio16.60Price Target$324.88Add to WatchlistFedEx NYSE: FDX shares surged following the fiscal Q2 2025 earnings report because of its daring plan to unlock value. After careful review, the board has decided to spin off the freight business, which is struggling and offsetting strength in the core FedEx Express operations. The plan is to do it tax-efficiently, likely a stock distribution expected to be completed wit ...