FedEx Freight Spinoff: FDXF Valuation and the Remaining FedEx Stub
The FedEx Freight spinoff did not produce a cheap orphan stock. It produced something more interesting: a standalone LTL(less-than-truckload) carrier that already trades at a serious valuation, and a parent company that is now easier to analyze and looks cheap. Investors looking at FedEx Freight Holding Company, which now trades on the New York Stock Exchange under the… Read More »