Why UPS Stock's Tuesday Crash Makes No Sense
Shares of United Parcel Service (NYSE: UPS) tumbled this morning, dropping as much as 9.3% by 10:10 a.m. EDT before regaining some of its lost ground. The stock closed the day down 7%.
UPS released its second-quarter earnings report the morning of July 27. Funnily enough, it failed to impress the market despite delivering a stellar quarter. A decline in the company's domestic package volumes has, perhaps, triggered fears of decelerating growth, but investors are clearly missing the bigger picture here.
Here are some notable numbers from UPS's Q2 report:
Source Fool.com
