The logistics company gained extra business as people shopped more online.
FedEx's (FDX -1.28%) 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.
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.
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