UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half
cnbc.com/2025/01/30/ups-shares-tank-after-weak-guidance-plan-to-slash-amazon-deliveries.html
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half.
The shipping giant said in its fourth-quarter earnings report that it…
This story appeared on cnbc.com, 2025-01-30 18:36:37.069000.