UPS to cut its Amazon business by more than 50%. Here’s why.
3 days ago · Earnings Results UPS to cut its Amazon business by more than 50%. Here’s why. UPS’s stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon ...
UPS to cut its Amazon business by more than 50%. Here’s why.
3 days ago · The stock, which closed at the lowest price since July 13, 2020, was by far the S&P 500 index’s biggest decliner on the day. Meanwhile, Amazon’s stock fell 1%, and shares of UPS rival FedEx ...
UPS shares tank 15% after weak guidance, plan to slash Amazon ...
3 days ago · Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer ...
UPS stock plummets 15% because it's about to do a lot less Amazon …
3 days ago · 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 ...
UPS Stock Falls After Amazon Business Cut - Newsweek
3 days ago · Shares in United Parcel Service (UPS) have fallen due to a below-forecast earnings report and the company deciding to distance itself from longtime partner, Amazon. Newsweek has contacted UPS via ...
UPS ($UPS) CEO Defends Amazon Split After Stock Drop - Bloomberg.com
2 days ago · United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer.
UPS reducing Amazon delivery volume; shares slump on 2025 …
3 days ago · UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did between 2021 and 2024. That will allow the company to focus on fewer but ...
UPS Stock Plunges as Amazon Plans 50% Volume Cut - Kiplinger
3 days ago · UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
UPS to cut Amazon business by more than 50%. Its stock is …
3 days ago · The stock (UPS) tumbled 11.9% in premarket trading, putting it on track to suffer its second-biggest one-day selloff, behind only the record 12.1% plunge on July 23, 2024.
UPS stock sinks after announcing cut to Amazon deliveries - Axios
3 days ago · UPS gets nearly 12% of its revenue from Amazon deliveries, CEO Carol Tome said on an earnings call.