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FedEx shadow hangs over paper and packaging stocks

Sep. 20, 2022 1:39 PM ETInternational Paper Company (IP) StockFDX, ATR, PKG, GEF, WRK, MERC, CLW, BERY, PACKBy: Clark Schultz, SA News Editor1 Comment

Online Holiday Shopping Helps Drive Demand For Shipping Services

Justin Sullivan/Getty Images News

Paper and packaging stocks were quick to give back their gains from Monday amid more concerns over pricing after FedEx's (FDX) sharp cut in guidance last week and dramatic recession warning.

Jefferies analyst Cole Hathorn set

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