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FedEx Corporation (FDX)

NYSE - Nasdaq Real Time Price. Currency in USD

302.98

-2.17

(-0.71%)

At close: 04:00PM EST

303.85

+0.87

(+0.29%)

After hours:

07:44PM EST

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Investing.com
FedEx could unlock $10-20bln in shareholder value from potential freight spin-off
Investing.com -- FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by spinning off its freight business into a standalone company, Barclays (LON:BARC) analysts said in a note. The spin-off would allow for greater management focus and improved capital discipline, potentially boosting long-term growth prospects for both FedEx’s core package operations and its Freight unit.
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