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Analyst Delivers Downgrade on UPS Stock
UPS Stock Is Downgraded. Amazon News Weighs Heavily.
In its fourth-quarter earnings report, United Parcel Service dropped a bombshell on investors, announcing that its Amazon.com business would be cut in half over the coming 18 months and sending the stock to its worst one-day drop on record.
Analyst Delivers Downgrade on UPS Stock after Move to Cut Amazon Volumes
A leading analyst has downgraded United Parcel Service (UPS) stock after the parcel giant revealed plans to slash the number of Amazon (AMZN)
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.
55m
on MSN
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 efforts on profitability. On Thursday, United Parcel Service (UPS) predicted ...
9h
‘Control of Our Destiny’: UPS Braves Blowback Over Amazon Break
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
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
Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...
3h
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.
1d
on MSN
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
1d
UPS CEO, asked if rest of Amazon business will leave too, says ‘don’t think so’
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
1d
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 ...
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