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This expert says ‘buy the dip’ as FedEx shares fell on Q1 earnings

This expert says ‘buy the dip' as FedEx shares fell on Q1 earnings

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FedEx Corporation (NYSE: FDX) reported better-than-expected results for its fiscal first quarter on Tuesday. Shares of the company, however, slipped 4.0% in extended trading as it lowered full-year outlook due to supply chain issues and a tight labour market.

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