Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest ...
The changes, however, don’t look anything near existential for UPS. An opportunity in the stock might be forming. Amazon.com amounts to about 12% of total UPS sales. That still leaves UPS ...
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN) packages sent through its service. Earlier this week ...
United Parcel Service UPS1.39%increase; green up pointing triangle is going to do a lot less business with its biggest customer, Amazon AMZN-1.65%decrease; red down pointing triangle.com.
Financial services firm BofA Securities is one of those outfits with a Buy rating on UPS stock. And analyst Ken Hoexter anticipated the Amazon news. "We are raising our rating on UPS' shares to ...
but the market sold the stock off on the news, and many Wall Street analysts lowered their price targets on it. The reasoning ...
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
United Parcel Service (NYSE: UPS), usually just known by its ticker UPS, has been working through a turnaround. Wall Street ...
The company plans to cut Amazon volume by more than 50% by the second half of 2026. UPS stock closed trading Thursday down 14% at $114.90. It's 52-week range is $110 to $159. CEO Carol Tomé said ...
UPS stock had its worst day on record after the package-delivery company said it was cutting volumes from Amazon.com. Shares in UPS fell 14%, its sharpest one-day drop, according to Dow Jones ...
If the stock cannot recover by the closing bell ... formerly Twitter: "By 2026, [UPS] will slash Amazon's package volume by 50 percent. Amazon isn't outsourcing—it's owning the supply chain.
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...