UPS Has Shed 18% in the Past Month as Its Amazon Breakup Enters the Final Stretch
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Still one of the most notable vehicles on the road, United Parcel Service (NYSE:UPS) has shed 18.48% over the past month, with shares near $97 after briefly touching $116.63 in the 30 days following January earnings. The catalyst: UPS is deliberately shrinking its revenue base to rebuild around higher-margin customers. Shrinking on Purpose, and Investors ... UPS Has Shed 18% in the Past Month as Its Amazon Breakup Enters the Final Stretch
📄 Summary
Still one of the most notable vehicles on the road, United Parcel Service (NYSE:UPS) has shed 18.48% over the past month, with shares near $97 after briefly touching $116.63 in the 30 days following January earnings. The catalyst: UPS is deliberately shrinking its revenue base to rebuild around higher-margin customers. Shrinking on Purpose, and Investors ... UPS Has Shed 18% in the Past Month as Its Amazon Breakup Enters the Final Stretch