FedEx is a Memphis-based holding company providing transportation, ecommerce, and business services, employing 306,000 people. Its segments include FedEx Express, Ground, Freight, and Services, offering various shipping solutions.
FDX has been in the news recently: FedEx Corp (FDX) experienced a decline in its stock price despite announcing positive fiscal fourth-quarter results. The company's performance did not prevent its shares from falling on Wednesday.
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