Analysts Discuss Rumor Ackman is Investing in FedEx, Offer Several Possibilities
July 09, 2013 at 15:33 PM EDT
Analysts covering FedEx (NYSE: FDX ) are speculating just as much as the average investor following a rumor that Bill Ackman is investing in the company. The rumor has shares of FedEx up more than 6 percent Tuesday afternoon. In a letter to Pershing Square investors on Monday, Ackman made