Why UPS Stock Was Pulling Back Today
Shares of United Parcel Service (NYSE: UPS) were sliding today in sympathy with a weak quarterly earnings report from rival FedEx (NYSE: FDX). The latter missed estimates in its fiscal second quarter and lowered its guidance for the full year.
As of 11:02 a.m. ET on Wednesday, UPS stock was down 1.5% after falling as much as much as 3.2% earlier in the session. FedEx, on the other hand, was down 10.7%.
Image source: UPS.
Source Fool.com
United Parcel Service Inc. Aktie
90,40 €
-0,68 %
Klares Buy-Übergewicht bei der United Parcel Service Inc. Aktie mit 27 zu 4 Einschätzungen.
Ein positives Kurspotenzial für United Parcel Service Inc. ist gegeben, mit einem Kursziel von 102 € über dem aktuellen Kurs von 90.4 €.
