Why UPS Stock Plunged in April
Rising trade tensions are not good news for companies that make their money transporting goods.
Shares of United Parcel Service (NYSE: UPS) plunged as much as 18% following the early April U.S. tariff announcement and were not able to regain much of that drop in the weeks that followed. UPS finished down 13.4% in April, according to data provided by S&P Global Market Intelligence.
Image source: UPS.
Source Fool.com
United Parcel Service Inc. Aktie
90,34 €
-1,14 %
Die United Parcel Service Inc. Aktie ist im Trend: Deutlich mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 102 € für United Parcel Service Inc. ist ein leichter Anstieg gegenüber dem aktuellen Kurs von 90.34 € zu erwarten.
