Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
United Parcel Service, Inc. ( NYSE: UPS) Q4 2024 Earnings Call January 30, 2025 8:30 AM ET PJ Guido - IR Officer Carol B. Tomé - CEO Brian Dykes - EVP and CFO Matt Guffey - EVP and Chief Commercial & ...
Trading volume stands at 8,635,695, with UPS's price down by -14.98%, positioned at $113.75. RSI indicators show the stock to be may be approaching oversold. Earnings announcement expected in 0 days.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
United Parcel Service, Inc. (NYSE:UPS), the world's largest package delivery company, continues to navigate a complex and ...
United Parcel Service struggles but gains in e-commerce and logistics. Read why UPS stock is close to a buy, though FedEx ...