Roku Shares in Free Fall as FedEx Stock Steadies After Wednesday Rout

Roku, FedEx

The shares of streaming devices manufacturer and online media content aggregator Roku continue to tumble in the pre-market hours after they slid by over 13% on Wednesday. On the other hand, Fedex which was another big loser on Wednesday after falling by 12.92% seemed to have contained the bleeding in Thursday’s pre-market hours. Comcast Lands … Read more

FedEx Stock Gets Smoked After Warning Next Year Will Stink

FedEx

FedEx stock is down 8% after-hours after the company reported earnings that missed analysts’ expectations and also guided towards lower revenue and profits for the rest of the year. What exactly is driving FedEx’s current problems? Is it a weakening economy, the trade war with China, or competition? Let’s parse the numbers from the earnings … Read more