FedEx's $17.90 Billion Trading Day Lands 31st Despite Stock Plunge

On June 25, 2025, FedEx (FDX) experienced a significant trading volume of $17.90 billion, marking a 68.26% increase from the previous day. This surge placed FedEx at the 31st position in terms of trading volume for the day. However, despite the high trading volume, FedEx's stock price fell by 3.27%.

FedEx's decision to suspend its full-year forecast for fiscal 2026 has led to a decline in its stock price. This move comes after the company had already reduced its fiscal 2025 outlook three times in the past year. For the first quarter of fiscal 2026, FedEx anticipates adjusted earnings to be between $3.40 and $4.00 per share, which is below the consensus estimate. The company also expects revenue to remain flat or increase by up to 2% year-over-year, which is better than market expectations.

FedEx's fourth-quarter results showed revenue of $22.2 billion, a slight increase of less than 1% year-over-year, and above analyst estimates. Adjusted net income for the quarter was $1.46 billion, or $6.07 per share, up from $1.34 billion, or $5.41 per share, in the previous year, also exceeding estimates. Despite these positive results, the stock has lost nearly a fifth of its value since the start of the year, with the largest drop occurring after President Trump's "Liberation Day" tariff announcement. This announcement raised concerns about potential impacts on shipping demand due to tariffs affecting discretionary spending.

FedEx Freight continues to face challenges due to a weak industrial economy, with shipments declining year-over-year despite slight improvements in yield. The company has also warned of challenges ahead, projecting lower-than-expected profits for the current quarter due to volatile global demand. These factors have contributed to the recent decline in FedEx's stock price.