FedEx Just Spun Off Its Freight Division. Which Stock Should You Own?
FedEx spun off 80.1% of its FedEx Freight division in June. While FedEx has stayed flat, FedEx Freight shares saw a big pullback after an initial rally.
Why it matters — This highlights the early trading volatility of the newly independent FDXF following the spin-off, which is relevant to shareholders tracking its performance.