Institutional investors was the group most impacted after the company's market cap fell to US$64b last week. However, the 5.9% one-year returns may have helped alleviate their overall losses. We would assume however, that they would be on the lookout for weakness in the future.

Loop Capital downgraded FedEx (FDX) to Hold from Buy with a price target of $283, down from $365.Maximize Your Portfolio with Data Driven