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Earnings Results: FedEx shares slide 5% after profit miss as omicron led to staff sickouts and reduced demand

Earnings Results: FedEx shares slide 5% after profit miss as omicron led to staff sickouts and reduced demand

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FedEx Corp. shares slid 5% Friday, after the company posted weaker-than-expected profit for its fiscal third quarter, as the highly infectious omicron variant of the coronavirus led to staff sickouts and reduced customer demand early in the year.

...read full article on Market Watch

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