FedEx
Delivers packages fast by plane and truck to almost everywhere in the world.
📖 Its story
Fred Smith had an idea: bring all the packages to one central airport and send them from there to where they're going, overnight. In 1971 he started Federal Express. In 1973 it started flying, and that way a package could arrive the next day.
💵 How it makes money
It charges to deliver packages and documents, depending on their size, weight and speed.
🤯 Fun fact
On its first night of operations, in 1973, FedEx delivered 186 packages using 14 small planes.
👍 The good part
Online shopping means more and more people need to send packages.
⚠️ The risk
If people buy less or the price of fuel goes up, it earns less.
🧠 Did you get it?
In what city is FedEx's headquarters?
🗂️ Quick facts
- Founded in: 1971
- Founded by: Frederick W. Smith
- Home: Memphis, Tennessee, USA
🔎 How to find it on the stock market
- Search the internet for FDX stock.
- You can also find it in your parents' investing app with the letters FDX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in FedEx. Ask your mom or dad to join the list.
Join the list