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【 Top 20 US Stock Turnover: FedEx's Stock Price Falls 12%, Lowering Revenue Expectations 】 FedEx closed down 12.05%, with a transaction volume of $4.666 billion. FedEx reported after the close of trading on Tuesday that its adjusted net profit for the first quarter increased by 23% year-on-year to $1.01 billion, but diluted earnings per share (EPS) was $3.99, lower than analyst London Stock Exchange Group's (LSEG) expectation of 19 cents. Due to the company's expectation of continued weak consumption during the upcoming holiday period (Thanksgiving to Christmas and New Year), FedEx lowered its full year revenue forecast on Tuesday.
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