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 …
UPS Stock Falls After Amazon Business Cut - Newsweek
3 days ago · If the stock cannot recover by the closing bell, this will mark the largest one-day sell-off by UPS in the company's history. ... "By 2026, [UPS] will slash Amazon's package volume …
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 reducing Amazon delivery volume; shares slump on 2025 ...
3 days ago · Amazon accounted for 11.8% of UPS' overall revenue in 2024. Between 2021 and 2024, UPS on average reduced the number of packages it delivered for Amazon by about …
UPS Stock Plunges as Amazon Plans 50% Volume Cut
3 days ago · UPS stock was down 16% in 2024 vs a gain of 25% for the S&P 500, which suggests the market understood the business risk management is addressing with its recent guidance.
UPS stock price tumbles today; Amazon service cuts in 2026 ...
3 days ago · UPS stock was down more than 14% as of Thursday afternoon, after falling during premarket trading. The decline was on track to break the current record for the stock’s worst …
UPS shares tank 17% after weak guidance, plan to slash Amazon ...
3 days ago · UPS shares tumbled on Thursday after the shipping giant said it would slash Amazon deliveries by more than half. CEO Carol Tome said the move would "put us further …
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