Last Updated: Oct. 8, 2025 at 12:01 p.m. ET
First Published: Oct. 8, 2025 at 11:56 a.m. ET
Shares of FedEx Corp. stumbled at the opening bell Wednesday amid concerns that slower freight demand could weigh on the shipping giant’s earnings.
J.P. Morgan downgraded FedEx FDX to neutral from overweight Wednesday. An expected rebound in the freight business may not materialize, the analysts said, citing sources in the less-than-truckload (LTL) industry.
