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MarketBeat
MarketBeat
Business
Thomas Hughes

FedEx Delivers Good News: The Bottom Is in for This Stock

FedEx’s (NYSE: FDX) Q1 results triggered a 5% after-hours stock price increase, signaling a bottom for this market.

Not only is the company sustaining growth, but it forecasts acceleration and cost-saving initiatives have it set up for a leverage earnings rebound.

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