Here’s Why You Should Steer Clear of the FedEx Bounce
MarketBeat.com – MarketBeat Shares of Fedex Corporation (NYSE: FDX) are up over 5% the day after the company surprised investors with a beat on the bottom line. The $3.18 earnings per share (EPS) the company delivered was over 12% higher than analysts’ expectations for EPS of $2.82. That’s the good news. The bad news is…