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Why Did FedEx Stock Surge 20% in February?


(NYSE: FDX) shareholders have had a good last year. The stock has rocketed nearly 50% higher over the past 12 months. Much of that came just last month, though. There were both sector and company-specific reasons for the February move.

FedEx stock jumped 20.1% last month alone, according to data provided by S&P Global Market Intelligence.

Image source: Getty Images.

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Source Fool.com

Fedex Corp. Stock

€324.20
2.690%
There is an upward development for Fedex Corp. compared to yesterday, with an increase of €8.50 (2.690%).
With 72 Buy predictions and 3 Sell predictions Fedex Corp. is one of the favorites of our community.
As a result the target price of 364 € shows a slightly positive potential of 12.28% compared to the current price of 324.2 € for Fedex Corp..
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