Shares of United Parcel Service Inc. (UPS) dropped 5% toward a three-year low in premarket trading Thursday. This follows the package delivery giant's report of third-quarter profit expectations that were higher than anticipated. However, the company missed on revenue and subsequently cut its full-year outlook. These disappointing results are attributed to a slowing economy and … [Read more...] about United Parcel Service Inc. Shares Drop Amid Revenue Miss
UPS
UPS Shares Set to Snap Losing Streak
Shares of United Parcel Service Inc. (UPS) are showing signs of a rebound, surging 0.7% in afternoon trading on Monday. The package delivery giant is poised to end a five-day losing streak as investors eagerly anticipate the release of its second-quarter financial results. Earnings Projections The much-awaited results will be disclosed on Tuesday, August 8, at 6 a.m. Eastern … [Read more...] about UPS Shares Set to Snap Losing Streak
