FedEx (FDX) Soars 6.1%: Is Further Upside Left in the Stock?

FedEx (FDX) shares rallied 6.1% in the last trading session to close at $279.58. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.1% gain over the past four weeks. We are waiting for a long term $340.00 and $400.00 per share.