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FedEx falls after tight labor market hits bottom line; UPS lower in sympathy

Sep. 21, 2021 4:17 PM ETFedEx Corporation (FDX) Stock, UPS StockBy: Clark Schultz, SA News Editor77 Comments

FedEx Express aircraft preparing for landing
Sundry Photography/iStock Editorial via Getty Images

  • FedEx (NYSE:FDX) trades lower after pointing to costs from a constrained labor market in FQ1 and setting profit guidance below expectations.
  • Operating income fell to $1.49B during the quarter vs. $1.64B a year ago and

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