Thursday 23 June 2022

FedEx shows how to boost a stock in two simple steps

Who says pleasing fickle investors on Wall Street is hard? FedEx delivered its biggest daily stock jump since the mid-1980s last week, surging more than 14% on June 14 after doing two relatively easy things: The company increased its dividend by a whopping 53% and reached a deal with an activist shareholder to bring on some new board members.


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