FedEx Network Operating Globally After IT Outage
Portfolio Pulse from Benzinga Newsdesk
FedEx's global network is back in operation after an IT outage, which had caused disruptions. The company has resolved the issue and resumed normal operations.
July 19, 2024 | 7:45 pm
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NEUTRAL IMPACT
FedEx experienced an IT outage that disrupted its global network, but the issue has been resolved and operations have resumed normally.
The IT outage caused temporary disruptions, but since the issue has been resolved and operations have resumed, the short-term impact on FedEx's stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100