Advertisement
New Zealand markets close in 1 hour 42 minutes

  • NZX 50

    11,841.47
    -104.96 (-0.88%)
     

  • NZD/USD

    0.5963
    +0.0013 (+0.22%)
     

  • NZD/EUR

    0.5558
    +0.0017 (+0.31%)
     

  • ALL ORDS

    7,845.60
    -91.90 (-1.16%)
     

  • ASX 200

    7,583.50
    -99.50 (-1.30%)
     

  • OIL

    83.83
    +0.26 (+0.31%)
     

  • GOLD

    2,346.50
    +4.00 (+0.17%)
     

  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     

  • DAX

    17,917.28
    -171.42 (-0.95%)
     

  • Hang Seng

    17,602.53
    +317.99 (+1.84%)
     

  • NIKKEI 225

    37,780.35
    +151.87 (+0.40%)
     

  • NZD/JPY

    92.7210
    +0.2250 (+0.24%)
     

Better Stock Buy Now: FedEx or UPS?

Daniel Foelber, The Motley Fool
·6-min read
Better Stock Buy Now: FedEx or UPS?

FedEx (NYSE: FDX) stock suffered its largest single-day decline in company history last week after it cut its full-year fiscal 2023 guidance and gave a disappointing outlook for the first half of the fiscal year (which ends May 31, 2023). United Parcel Service's (NYSE: UPS) stock price fell 4.5% in sympathy, but it was not nearly as severe when compared to FedEx's 21.4% decline. FedEx stock is now down more than 50% from its all-time high set in May 2021, while UPS is only down 27.4% from its all-time high set in February.

Continue reading