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Investor's Business Daily

Investor's Business Daily

FedEx Stock Soars After Announcing Freight Spin Off; Mixed Q2 Earnings

Investor's Business Daily
Summary
Nutrition label

86% Informative

FedEx stock surged 4.8% to 288.46 during market action on Friday after gaining 1% 5o 275.88 on Thursday .

Morgan Stanley analyst Ravi Shanker on Friday kept an underweight rating with a price target of 200 for FDX.

The company announced Thursday intentions to separate FedEx Freight , creating two publicly traded companies in about 18 months .

VR Score

90

Informative language

92

Neutral language

37

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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