​Fedex Crashes After Missing Across The Board, Cutting Guidance On “Weaker Demand Trends” – Tyler Durden

Fedex Crashes After Missing Across The Board, Cutting Guidance On “Weaker Demand Trends” After the post rate-cut meltup sent stocks to record highs on Thursday – even though the S&P was actually flat during the cash session with all gains taking place during the Asian/European sessions… … the sweet taste of victory for the bulls was diluted moments ago when one of the most important logistic bellwethers for the US economy left a proverbial turd in the punchbowl after Fedex stock tumbled as much as 11% after hours when it cut the top end of its full-year profit outlook and…  — Continue at ZeroHedge News : Read More