Well, first it was the cyberattack and then came Hurricane Harvey. Both left FedEx gasping in first quarter 2018 - Q1 2018 Results
A FedEx subsidiary had its delivery and communications disrupted by the wave of cyberattacks that have targeted dozens of businesses around the world.
As they say its time to buy when there is blood on the streets - not quite there yet but a few more bad days of PR for Fedex and it will start to look interesting. The massive growth in ecommerce will surely benefit Fedex going forward?
A FedEx subsidiary had its delivery and communications disrupted by the wave of cyber attack that have targeted dozen of businesses around the world.
Looks like we missed the buying opportunity - the shares have rebounded. Just shows, you snooze, you lose lol
Buying opp has gone for now - cyber attacks are now common in the world of business. The key is how vicitms respond and make it more difficult for the cyber attackers going forward.
