FedEx is still booming thanks to everyone buying stuff online
CNN
Despite taking a hit from lousy, snowy weather in February, FedEx is thriving thanks to online shopping.
Shares of FedEx (FDX) soared more than 6% Friday after the shipping giant reported earnings and revenue for its latest quarter that easily topped forecasts and provided a healthy outlook for 2021. Sales increased more than 20% in the quarter to $21.5 billion, while net income more than doubled to $890 million.More Related News
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