The last time we highlighted FedEx Corp (FDX) in our Daily Stock Report was on October 7, 2024, when the shares were at $260.84. Back then, the shares just entered the red unfavored zone of the SIA S&P 100 Index report shortly before that time frame. Since then, the shares have continued to weaken further as the closing price is now at $209.85 which represents a 20% drop since the October 4, 2024, closing price.