The move: FedEx dropped 9.41% in premarket trading on Friday to $223.82 per share. Shares of the shipment and transportation firm are down 12.48% year-to-date. The chart: Why: The company lowered ...

FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings ...

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