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Why Shares of United Parcel Service Jumped 28% in July

TheMotleyFool

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Why Shares of United Parcel Service Jumped 28% in July

Shares of United Parcel Service (NYSE: UPS) climbed 28.4% in July, according to data provided by S&P Global Market Intelligence, with most of those gains coming on the final days of the month. UPS in late July reported better-than-expected second-quarter results, causing the share price to soar higher.