FedEx Shares Edge Up 0.20% as Daily Trading Volume Drops 27.28% to 300M Ranking 317th in Market Activity

On August 18, 2025, FedEx (FDX) closed with a 0.20% gain while daily trading volume fell to $0.30 billion, a 27.28% decline from the previous day's activity. The logistics giant ranked 317th in trading volume among listed equities despite maintaining a modest upward trajectory in share price.

Recent operational updates highlighted supply chain efficiency initiatives, with management emphasizing cost optimization across global networks. Analysts noted these measures align with broader industry trends toward automation and route optimization, though no specific financial targets were disclosed in the latest corporate communication.

Market participants observed muted investor activity despite the stock's technical position above key moving averages. The decline in trading volume suggests reduced short-term speculative interest, potentially reflecting market consolidation ahead of upcoming quarterly reporting periods.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The CAGR was 6.98%, with a maximum drawdown of 15.46% during the backtest period. The strategy demonstrated steady growth over time, making it a robust choice for investors seeking consistent returns. However, the significant drawdown in mid-2023 highlights the importance of risk management in high-volume trading strategies.