FedEx earnings miss as 'weaker global trade growth trends continue' (FDX)
FedEx shares fell 4.5% in after-hours trading Tuesday after the company reported third-quarter earnings that fell short of both analysts' and the company's expectations.
Shares have come under pressure in recent months as Amazon is being increasingly viewed as a viable threat to the logistics company.
Last quarter, the company cut its 2019 forecast, citing economic uncertainty around the world.
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Delivery giant FedEx said Tuesday that its quarterly results fell
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