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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 profitable customer.
UPS Stock Sinks on Plans to Slash Business with Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
UPS slashes Amazon exposure in hit to 2025 forecasts, shares slide
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, in an already challenging environment for the parcel delivery giant. Shares of UPS fell about 13% in premarket trading after the company,
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
23h
UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...
Stocktwits on MSN
1h
UPS CEO Defends Amazon Glide Down Decision, But Wall Street's Skeptical: Retail’s Busy Spotting Bottom-Fishing Opportunities
Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not ...
17h
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 ...
StockStory.org on MSN
2d
United Parcel Service (UPS) Q4 Earnings Report Preview: What To Look For
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what ...
2h
United Parcel (UPS) Receives a Rating Update from a Top Analyst
In a report released today, Jason Seidl from TD Cowen reiterated a Hold rating on United Parcel (UPS – Research Report), with a price target of ...
Hosted on MSN
1d
United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops
Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...
American Association of Individual Investors
1d
Why United Parcel Service, Inc.’s (UPS) Stock Is Down 14.11%
United Parcel Service, Inc.’s UPS share price has dipped by 14.11%, which has investors questioning if this is right time to ...
bovnews
19h
Analysts Predict a $147 Target for United Parcel Service Inc (UPS) Stock—What Could Drive It There?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 14.31% ...
3d
United Parcel Service: The End Of Correction Seems Reached (Technical Analysis)
United Parcel Service's financials stabilized, with recent quarters showing revenue and net income growth. Read why UPS stock ...
19h
on MSN
UPS Reducing Amazon Delivery Volume; Shares Slump on 2025 Revenue Hit
UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...
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