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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

€298.65
-1.760%
A loss of -1.760% shows a downward development for Fedex Corp..
The stock is one of the favorites of our community with 69 Buy predictions and 3 Sell predictions.
With a target price of 309 € there is a slightly positive potential of 3.47% for Fedex Corp. compared to the current price of 298.65 €.
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