Retail investors ‘severely wounded’ in this market: Expert
Evolution VC Partners founder Gregg Smith discusses volatility in the markets and the impact it will have on retail investors.
Here are the key events taking place on Friday that could impact trading.
FEDEX EARNINGS: Shares of the package delivery company gained more than 2% in after-hours trading after reporting that revenue rose 8% in its fourth quarter helped by higher shipping rates and fuel surcharges. Operating income rose 6.7% from a year earlier to $1.9 billion. Adjusted earnings of $6.87 per share missed Wall Street expectations. FedEx expects full-year earnings in the range of $22.50 to $24.50 per share.
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