Well if Freddy lives another 64 years he will still be getting his ass kicked by UPS the #1 package carrier.
Pretty sure a billionaire is too devastated about being #2. Also, since he doesnt have to deal with a union hes probably pocketed more for himself.
Nope good old Fred has nothing to worry about whatsoever. But Joe can sit back on his deck sipping on his favorite beverage at a decent age retired enjoying his pension. Will you be able to do the same?
How exactly is it worth 2 1/2 times what FedEx is worth?
UPS has over three times as many out standing shares. If FEDEX and UPS traded the same number of shares, FEDEX stock would be 34 dollars a share. Hate to burst your bubble. stock price x outstanding shares = market capitalization.
Not bursting my bubble.
Nope. Probably drop below $100 before this is over.FedEx Corporation
NYSE: FDX
111.01 USD −9.66 (8.01%)
Closed: Mar 11, 7:38 PM EDT · Disclaimer
After hours 111.00 −0.010 (0.0090%)
Open 117.39
High 118.30
Low 108.53
Ready to buy yet?
You wanted to know where the 2 1/2 times figure came from and I told you. I own no stock directly, 96% cash the rest in a "retirement" fund. I'm hoping to double that cash in the next couple of years. By the way the DOW lost 1600 points in the first second, the 15 minute time out is almost over. I'll keep you informed.
Was it a mistake, FEDEX telling Amazon to take a hike? Appears so, FEDEX is down 8.44% to 101.64, UPS is up 4.44% to 91.91. With 3 times as much outstanding stock, that makes UPS about 2 1/2 times more valuable than FEDEX. I bet those franchisees drivers at the FEDEX ground barn, still wax nostalgic about when the stock was at 275!!!!!
In march of 2018, there was a 140 point spread in price.
This is usually a 40 to 60 spread difference. Sad this is a political doing
I see this whole virus thing a world political doing. None of this happened over swine flu, embola, birdflu,
I misunderstood, I thought you meant FEDEX's decline from 275 was political. I agree the media would never have piled onto a democrat like they are Trump. Trump's a vulgar bore, but he's a million times better than Hilary.
Funny how the virus outbreak originated in China right as the protestors were about to charge their Government...you don’t hear anything about the protestors anymore!!
Yep. Can’t let trump get re-elected from globalists POV. He is America first and people hate him for it. Vulgar mouth? You bet. Insulting? He is. Cheat on his wife? Maybe. It’s between those parties and not my concern. Do I like his questionable morality? Nope. He is however doing what he said he would on his campaign in a way no other politician in recent times has. The only thing I think he is failing on is healthcare. Can’t get the big business bought repubs to fall in line or it would have been better after his first year. I’m anti establishment big time and so is trump. That’s why world leaders want him out. He is a threat to their global order. This covid 19 panic has been ginned up by those who want trump gone. Media should be working overtime to calm fears and promote government competence in handling it. Instead they are doing the opposite. That’s why you have no toilet paper in Walmart
