Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Chris Katje

If You Invested $1,000 In FedEx Stock At The IPO, Here's How Much You'd Have Now

Shipping and logistics company FedEx Corp (NYSE:FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO.

What Happened: FedEx announced Fred Smith, the founder, CEO and chairman of the company, will step down on June 1, 2022, and transition to the executive chairman role, according to Benzinga Pro.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.