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The E-Commerce Boom Is Over for FedEx Stock

The logistics company gained extra business as people shopped more online.

By Parkev Tatevosian, CFA – Dec 22, 2022 at 10:16AM EST

FedEx's (FDX 1.20%) second-quarter results revealed declining revenue and earnings. The company is making adjustments to accommodate changing consumer behavior.

*Stock prices used were the afternoon prices of Dec. 19, 2022. The video was published on Dec. 21, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends FedEx. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

FedEx Stock Quote
FedEx
NYSE: FDX
$387.98
(-1.20%)-$4.71

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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