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Sohini Mondal

FedEx Stock: Is FDX Underperforming Industrials Sector?

FedEx FDX United States FWRD

With a market cap of $61.2 billion, FedEx Corporation (FDX) provides customers and businesses with a portfolio of transportation, e-commerce, and business services internationally. The Memphis, Tennessee-based company operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and FedEx fits this criterion perfectly. The multinational company also offers supply chain management solutions along with trade management tools and data.

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