FedEx’s Continued Decline, Higher Stock Futures, and a Mixed Picture for Individual Stocks 12/21/22
FedEx delivered bad news to investors, reporting lower earnings and sales from a year earlier and warning of a continued weaker demand. Bank of America Securities’ Ken Hoexter explains what this means for the company. Plus, stocks are pointing to a higher open as investors gear up for the final trading days of the year. Coastal Bridge Advisors’ Jim Pratt-Heaney dives into his investment thesis. And, what’s the latest for shares of Nike, FedEx, and Tesla? Fairlead Strategies’ Katie Stockton weighs in.
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