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FedEx Stock Might Not Catch a Break Any Time Soon

Teresa Rivas

(FDX) stock (ticker: FDX) is rising along with much of the rest of the market Tuesday, although Bank of America Merrill Lynch writes that ongoing uncertainty about tariffs and the global economy could mean the logistic giant’s profit targets—and investors’ expectations—are too high. While it was hard to find a place to hide in the market in December, FedEx shareholders had more to worry about than just the general market decline, because the logistics giant forecast full-year results below analysts’ expectations. Of course, part of the problem is the continuing trade war.