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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 that it isn't its 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.
1d
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 ...
Hosted on MSN
9h
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 ...
2h
on MSN
Sandy Springs-based UPS announces 50% in volume of packages carried for Amazon
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
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 ...
Hosted on MSN
4h
Baird Downgrades United Parcel Service (UPS)
Fintel reports that on January 31, 2025, Baird downgraded their outlook for United Parcel Service (NYSE:UPS) from Outperform ...
1d
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 ...
1d
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
Investors are fleeing on Thursday following a lackluster earnings report and 2025 forecast. UPS says it’s redoubling its ...
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 ...
8h
United Parcel (UPS) Receives a Rating Update from a Top Analyst
Raymond James analyst Patrick Brown maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $145.00.
Zacks.com on MSN
6h
UPS Slips to Multi-Year Low Despite Q4 Earnings Beat: Should You Buy?
With United Parcel Service stock moving south, we asses the investment worthiness of the stock at current levels.
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