Investors punish FedEx as it struggles to adapt to rise in e-commerce

Investors punish FedEx as it struggles to adapt to rise in e-commerce

A FedEx delivery truck is seen on August 07, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images FedEx investors punished the company’s shares Wednesday after it released disappointing earnings a day earlier and cut its profit outlook for at least the third time in 2019. The delivery company is struggling to adapt to … Read more…