FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.

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FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and lowered its full-year forecast as demand dropped, especially in the U.S.

FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.