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UPS Stock Falls
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.
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 agreement that would cut its business with Amazon.com Inc., its largest customer,
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.
9h
on MSN
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
9h
on MSN
S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries
Key Takeaways The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic ...
9h
UPS to halve Amazon deliveries; shipping giant's stock dives
UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...
10h
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
13h
UPS Stock Plunges 16% On Weak Revenue Forecast, Amazon Cutback
United Parcel Service, Inc. (UPS) shares dropped 16.84 percent to $111.25 during Thursday morning trading after the company projected ...
9h
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
SchaeffersResearch.com
15h
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...
9h
on MSN
UPS paid a big price for your Amazon deliveries
What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ...
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