Why Did FedEx Stock Surge 20% in February?
(NYSE: FDX) shareholders have had a good last year. The stock has rocketed nearly 50% higher over the past 12 months. Much of that came just last month, though. There were both sector and company-specific reasons for the February move.
FedEx stock jumped 20.1% last month alone, according to data provided by S&P Global Market Intelligence.
Image source: Getty Images.
Source Fool.com
Fedex Corp. Stock
€333.10
2.720%
The stock is one of the favorites of our community with 72 Buy predictions and 3 Sell predictions.
With a target price of 367 € there is a slightly positive potential of 10.18% for Fedex Corp. compared to the current price of 333.1 €.
