FedEx is a very large company with a current market cap of $67.57 billion dollars. So, how did the stock price of this very large company react to yesterday’s call for a boycott of the shipping giant by Parkland survivor David Hogg, among others?
Well, pretty good actually. A $2.39/share increase, via Google:
Now for some math…
A $2.39/share increase multiplied by the 267.89 million shares outstanding means investors gained around $640.25 million in value.
Now, this seems like a lot but it’s really no big deal. FedEx’s stock price has a 52 week range of 182.89 – 274.66. Just keep that in mind for the time when FedEx’s stock does dip and the mob attempts to take credit for it.
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Related:
OFFS: David Hogg wastes NO time calling for ANOTHER boycott…this time involving stock https://t.co/7eeVb6aeKV
— Twitchy Team (@TwitchyTeam) February 26, 2018
HA! #BoycottNRA will HATE FedEx's EPIC response to calls for dropping NRA discounts https://t.co/FJVXXbHAY7
— Twitchy Team (@TwitchyTeam) February 26, 2018
It's come to THIS? In response to school shooting, CAP's Igor Volsky calls for… picketing at FedEx offices https://t.co/E0XxOzSi4u
— Twitchy Team (@TwitchyTeam) February 24, 2018
NO WAY! CNN interview with David Hogg and Emma Gonzalez just got a LOT more interesting [pic, video] https://t.co/aK5TkC27eP
— Twitchy Team (@TwitchyTeam) February 27, 2018
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