Looking Back: Why Is Fedex Down 50%?

FedEx Corporation's stock slid over 40% in 2 years, with the stock price declining from $242 at the end of 2017 to about $150 at the end of 2019. Furthermore, the stock price dropped in 2020 to $117 (as of 20th May) due to the COVID-19 pandemic, registering a cumulative decline of 52%...