Hedge fund interest in FedEx jumps

|About: FedEx Corporation (FDX)|By:, SA News Editor

JPMorgan notes the interests of hedge fund firms in FedEx (FDX) is up to 5.8% as of the end of Q3, more than doubling from last year's level with firms led by George Soros and John Paulson joining the party.

The investment firm thinks the involvement of some high-profile firms could keep pressure on FedEx's management.

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