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Barchart
Barchart
Pathikrit Bose

FedEx Freight Starts Trading Independently. FDXF Stock Is Poised to Win, But It Faces a Key Amazon Threat.

FedEx Freight (FDXF), the new company spun off from FedEx, made its debut on the stock exchanges yesterday. Investors would like to forget the first day, as the stock ended almost 7% lower. Yet, FedEx Freight operates the largest North American less-than-truckload fleet currently, and that should count for something.

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