FedEx Stock Plummets to 215th Ranking as Tariffs and Weak Demand Bite

On April 4, 2025, FedEx's trading volume reached $762 million, a 31.5% decrease from the previous day, ranking 215th in the day's stock market. FedEx's stock price fell by 2.66%, marking the second consecutive day of decline, with a total decrease of 14.30% over the past two days.

FedEx's stock price experienced a significant drop following President Trump's announcement of "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. This move particularly affected companies with heavy exposure to Asia, as the new tariffs threatened the growth and profits of firms with factories in the region. Vietnam, Cambodia, and Indonesia faced tariff rates of 46%, 49%, and 32% respectively, which could significantly erode the competitiveness of goods produced in those regions. This news significantly impacted the market's perception of FedEx's business, as the stock had only experienced six moves greater than 5% over the last year.

FedEx's stock price has been on a downward trend since the beginning of the year, currently trading at $215.86 per share, which is 31.1% below its 52-week high of $313.52 from July 2024. The company has also cut its outlook for the third consecutive quarter, citing weak demand and revenue stagnation. This has led to a new 52-week low for FedEx's stock price, raising concerns among investors about the company's future prospects.