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CNBC Quizzes

Quiz: CNBC Quiz: Name That Stock

Question 2 of 10

This company provides a delivery service that brings packages to any business address in the United States. Its market capitalization is $29.2 billion and its largest shareholder is PRIMECAP.

  1. DHL
  2. COSCO
  3. FedEx
  4. United Parcel Service
Correct!

Headquartered in Memphis, Tennessee, FedEx has been delivering overnight packages to anxious procrastinators since the 1970s, when it was known as Federal Express and its motto was “when it absolutely, positively has to be there overnight.” The company was parodied on Saturday Night Live with a sketch about “Einstein Express,” a package delivery service that altered the space-time continuum to transport packages into the past, “when it absolutely, positively, has to be there the day before yesterday.”