UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Stock Market Today: Investors Adjust to Earnings and Guidance
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
UPS price target lowered to $82 from $100 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on UPS (UPS) to $82 from $100 and keeps an Underweight rating on the shares. A Q4 beat was ...
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Why UPS Stock Is Plunging Today
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...
UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut ...
UPS Stock Plunges as Amazon Plans 50% Volume Cut
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026.
UPS down 15% as cut to Amazon volume accelerates
Shares of UPS (UPS) are down $20.29, or 15%, to $113.49 in pre-market trading after the company gave a full year 2025 consolidated revenue ...