|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||227.80 - 230.37|
|52-week range||227.80 - 230.37|
|Beta (5Y monthly)||1.20|
|PE ratio (TTM)||0.12|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In the latest trading session, FedEx (FDX) closed at $224.97, marking a -1.77% move from the previous day.
FedEx, in collaboration with Ford Pro, will test 10 Ford E-Transit vans across its 'FedEx SameDay City network' in nine markets. FedEx has set a target of 2040, the year by which it intends to transition its entire pickup and delivery fleet to all-electric zero tailpipe emission vehicles.
A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers like Ford Motor Co or General Motors Co . Boosted by investor hunger to create the next Tesla Inc, a clutch of commercial EV makers on both sides of the Atlantic have gone public via reverse mergers with special-purpose acquisition companies (SPACs), raising hundreds of millions of dollars as they sought to emulate Elon Musk's success.