We are always looking for the so-called tells in the market. These are when the really smart money tips their hand by buying or selling an abnormally large amount of stock or options ahead of an event.
Such was the case of FedEx on Tuesday, as shares opened higher, traded to $185 per share at its high of the day and then were hit with massive waves of block selling. It took all of 15 minutes to drive shares off their session highs. The stock closed at $181.41, down slightly, and this was absent any news in the company.
jonnajarian Yes 'mysterious'
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FedEx cuts profit forecast again on economy, Express woesFedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three ... UPS FedEx. UnionYes 📜| Harvest of Soldiers: Military operations in the Wilayat of the Isl:amic S:tate during a period of one week from the week of the 30th of Jumada al-Akhirah Through the 6th of Rajab 1440 Stadia ' Mike Trout ' []___ I'd dump that stock, they have no clue
Source: Reuters - 🏆 2. / 97 Read more »
Stocks under pressure | Fed's rate decision set | FedEx warns of global slowdownFutures are pointing to a slightly lower Wall Street open, but with a Fed policy statement ahead and headline risk surrounding China trade talks, another volatile day could be ahead. I warn too of global slowdown need China back up a bit they buy our goods Market isn't too bad'
Source: CNBC - 🏆 12. / 72 Read more »
FedEx just fired off a warning investors may not be able to ignoreWelcome to Fed decision day. Our call of the day, from FedEx’s chief financial officer, offers up some fresh evidence that the global economy may be in for a... yet they are
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow falls 100 points as FedEx slides, Wall Street awaits Fed decisionStocks were little changed on Wednesday as a decline in FedEx tempered sentiment while investors braced themselves for a key Federal Reserve announcement. China may renege on Trade deal. Stocks traded in a wide range after the Federal Reserve slashed its rate-hike outlook for 2019 to zero and said it expects the U.S. economy to grow at a slower rate this year. FedEx problems are fedex’s they are the worst shippers & should go out of business. I worked for a major retail chain & every time there was a lost or damaged item more often than not it was FedEx
Source: CNBC - 🏆 12. / 72 Read more »