A Major Friday Fade, and a Stock Move Not Seen Since the 70s 10/7/22
CNBC's "Fast Money"
00:00
Is FedEx Going Down Again on the Same News?
Kramer: I think this was telegraphed, I don't know if it was 10 days ago or whenever when Raj, the CEO was on with Kramer and was talking about World Rod recession. One thing interesting about FedEx, in the wake of their terrible news, the stock could have been much worse. It makes you wonder, are activists out there accumulating stock? The underperformance of the market is very telling.
Play episode from 01:54
Transcript
