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Why FedEx Stock Gained 20% in July


Shares of FedEx (NYSE: FDX) gained 20.1% in July, according to data provided by S&P Global Market Intelligence, with more than half of that gain coming on the first day of that month. The company delivered earnings that reassured investors FedEx was holding up well during the pandemic, and that gave a lift to the stock.

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Source Fool.com

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