U.S. Steel plunges, FedEx shares continue to struggle

In this article:

U.S. Steel became the third steel company this week to issue a profit warning to investors as the stock plunged as much as 15%. FedEx shares dropped 13% after the company’s earnings report prompted a wave of downgrades from analysts at Deutsche Bank, Stifel, Keybanc, and BMO. Yahoo Finance's Myles Udland, Jen Rogers and Andy Serwer sit down and discuss.

Advertisement