See weekly support for possible levels at which this stock will fall to. (TP=$100)
Very weak guidance + bad earnings report + slew of analysist downgrades (KeyBanc, BMO, Deutsche, Stifel) + dropping amazon as client and now competing.
FedEx is a deteriorating company caught in global trade tensions as well as a slowing global economy.
I am short.
Very weak guidance + bad earnings report + slew of analysist downgrades (KeyBanc, BMO, Deutsche, Stifel) + dropping amazon as client and now competing.
FedEx is a deteriorating company caught in global trade tensions as well as a slowing global economy.
I am short.