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UPS Stock Falls
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.
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 were suffering 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,
22m
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 ...
2h
Why UPS Stock Is Plunging Today
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well ...
6h
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 ...
22m
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 ...
2h
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, ...
4h
on MSN
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
6h
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
1h
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 ...
4h
on MSN
UPS Stock Leads S&P Decliners on Weaker-Than-Expected Q4 Results
Shares of United Parcel Service (UPS) sank over 16% Thursday to lead S&P 500 decliners after the shipping giant reported ...
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