FedEx Stock Dives on Weak Profit Forecast Amid Tariff Pressures
FedEx has issued a cautious outlook for the upcoming year, with its current-quarter profit projections falling below market expectations. This announcement comes as the company faces challenges from volatile global demand and the impact of tariffs, leading to a more than 5% drop in its shares during after-hours trading. This development highlights the broader economic pressures affecting global logistics and delivery services.
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