FedEx to Spin-Off Freight Business Worth Over $30 Billion, Focusing on Core Delivery Business

FedEx is set to experience a rise in stock levels after announcing the spin-off of its freight business, which is valued at over $30 billion. This move will allow the company to focus on its core delivery business and improve profitability. Investors seeking a less volatile investment option may want to consider the Trefis High Quality Portfolio, which has outperformed the S&P. Despite recent gains, FedEx's earnings have decreased due to lower revenues and margin contraction, and the stock has been more volatile than the S&P 500.

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