FedEx Investors Look to the Sky as Value Goes Up

FedEx Investors Look to the Sky as Value Goes Up

Last week, activist investor Dan Loeb proved his clout when he revealed that his company, Third Point, had a stake in FedEx. The announcement caused a 1.6% gain in shares that same day (Nov. 12), with FedEx closing out at $134.63. FedEx, which was founded by CEO Fred...