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
86,72 €
-0,02 %
Mehr Buy- als Sell-Zahlen bei United Parcel Service Inc. zeigen ein leicht positives Sentiment.
Ein positives, wenn auch nicht starkes, Potenzial für United Parcel Service Inc. mit einem Kursziel von 102 € im Vergleich zu 86.72 €.
