Home Stocks FedEx is upbeat about shipping demand despite surging fuel costs — and the stock is rallying

FedEx is upbeat about shipping demand despite surging fuel costs — and the stock is rallying

by Deidre Salcido
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Shares of FedEx rose in extended trading Thursday after the package-delivery giant said it expected slightly better sales and profits for this year, even as the Iran war threatens larger shipping disruptions and drives fuel prices higher.

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