Why FedEx (FDX) Stock Is Higher This Afternoon

NEW YORK (TheStreet) — Shares of FedEx Corp. are up 2.16% to $138.42 after the company, in a surprise move, said it's raising prices on more than a third of its ground shipments, the bulky but light-weight packages, that's expected to shake up the world of e-commerce, the Wall Street Journal reports. All packages will now be priced according to size. Many analysts believe that United Parcel …

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