Why FedEx Stock Just Dropped
FedEx Corporation (NYSE: FDX) stock crashed nearly 19% through 11:15 a.m. ET this morning -- but don't panic. This apparent disaster isn't what meets the eye.
Instead of a sell-off, what you're seeing is a spin-off.
Source Fool.com
Fedex Corp. Stock
€279.00
-0.110%
With 78 Buy predictions and 3 Sell predictions Fedex Corp. is one of the favorites of our community.
As a result the target price of 320 € shows a slightly positive potential of 14.7% compared to the current price of 279.0 € for Fedex Corp..


