FedEx stock down 53% from its all-time high

Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day.

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[AUDIO LOGO]

- All right, it has been a brutal September for FedEx after a major profit warning with the stock down 53% from an all-time high. Hit on May 27 of last year. The prior three 50% plus declines in the history of FedEx's stock all occurred during recessions-- 1991 to 1992, 2008 to 2009, and 2020.

This chart comes to us from Compound Capital Advisors CEO Charlie Blow. A very interesting chart right there. Please do a screen grab and share it all over Twitter.