13.1% increase in Cwm LLC's FedEx shares; Q3 earnings missed expectations at $3.60 per share.

FedEx Co. (NYSE: FDX) experienced a 13.1% increase in shares held by Cwm LLC, which now owns 8,562 shares valued at $2.34 million. Institutional investors hold 84.47% of FedEx stock. The company reported Q3 earnings of $3.60 per share, missing expectations of $4.82. The stock has a market cap of $65.83 billion and a consensus rating of "Moderate Buy" with a target price of $314.17. Short interest rose by 58.1% in September.

October 15, 2024
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