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JPMorgan resets FedEx stock rating ahead of June spinoff

THE STREET·6d ago·3 min read
Photograph via The Street
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Big companies rarely break themselves apart for fun. They do it because the market refuses to give two businesses living under one roof the credit each deserves on its own. Conglomerate discount is the polite term for the math. Less polite is what shareholders call it after years of watching a …

Big companies rarely break themselves apart for fun. They do it because the market refuses to give two businesses living under one roof the credit each deserves on its own. Conglomerate discount is the polite term for the math. Less polite is what shareholders call it after years of watching a …

Big companies rarely break themselves apart for fun. They do it because the market refuses to give two businesses living under one roof the credit each deserves on its own. Conglomerate discount is the polite term for the math. Less polite is what shareholders call it after years of watching a …

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