Detaching from Amazon triggered another slide in the package delivery giant’s battered stock, which is heavily owned by UPS lifers.
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its efforts on profitability. On Thursday, United Parcel Service (UPS) predicted ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
United Parcel Service UPS reported better-than-expected fourth-quarter 2024 earnings on Jan. 30. However, revenues fell short ...