Shares of FedEx (FDX) are up $12.61, or 5% to $266.50 in afternoon trading following company executives discussing Q2 guidance during a conference presentation.
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Read More on FDX:
- FedEx sees Q2 EPS better than last year’s $4.05, consensus $4.01
- FedEx sees sequential improvement from Q1 to Q2, y/y improvement
- FAA announced EAD sent to operators of MD-11, MD-11F airplanes
- Boeing advises operators of MD-11 Freighter to suspend flight operations
- FedEx says made ‘necessary operational modifications’ to meet FAA directive