FedEx (FDX) Down 3.68% in Premarket Trading

FDX FedEx

FedEx stock is down 3.68% at 148.86 after the company announced yesterday the plans for 4 billion cost-cutting and an increase of 6.9% in shipping rates.

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AMC News

AMC Stock under Pressure After Price Target Cut

AMC Entertainment Holdings Inc (AMC) stock closed the trading session 4.41% lower at $5.85 after B. Riley Securities reiterated AMC at “Neutral” but cut the price target for the stock from $11 to $7.50.