FedEx's Stock Performance

Frank Holland: FedEx shares are actually outperforming rival UPS, but they're underperforming the markets since April 5th. Ground volume has five straight quarters of year-on-year declines; missed revenue estimates for four straight quarters as well. He says big thing to watch in this report is the progress made on the drive initiative and how that will have a big impact on next fiscal year's guidance. Scott Graham: The market is so narrow story - it's turned around month to date. There's still a long way to go, I think, before we've properly broadened things out.