FedEx stock has dropped 16%% since it reported disappointing quarterly results on September 17 and said a slowing global economy was forcing it to cut its full-year guidance. UPS won’t experience a similar fate, writes UBS analyst Thomas Wadewitz.
FedEx stock has dropped 16%% since it reported disappointing quarterly results on September 17 and said a slowing global economy was forcing it to cut its full-year guidance. UPS won’t experience a similar fate, writes UBS analyst Thomas Wadewitz.