Market Movers | Planet Labs Soars 27%; Firefly Aerospace Jumps 15%; FedEx Gains 3%; XPeng Drops 5%

Tiger Newspress
03/20

Planet Labs reported fourth quarter results that exceeded analyst expectations and issued fiscal 2027 guidance well above consensus, sending shares up 27.2% in morning trading.

Firefly Aerospace reported fourth-quarter results that exceeded analyst expectations, sending shares up 14.6% as the space and defense technology company provided an optimistic outlook for 2026.

FedEx shares gained 3.3% in morning trading. The company reported strong fiscal third-quarter results that beat Wall Street’s expectations. It also raised its guidance for fiscal 2026, projecting revenue growth of 6% to 6.5% compared with analyst estimates of up 5.6%.

Chinese electric vehicle maker XPeng forecast ​first-quarter revenue below market estimates on Friday, hit by intense price ‌competition and slowing demand in China. The shares dropped 5.1% in morning trading.

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