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: UPS stock drops after revenue miss, lowered outlook amid volume impact from labor negotiations

Shares of United Parcel Service Inc. UPS dropped 5.6% toward a six-week low in premarket trading Tuesday, after the package delivery giant reported second-quarter revenue that fell short of expectations and cut its full-year outlook, citing the volume impact from labor negotiations. Net income fell to $2.08 billion, or $2.42 a share, from $2.85 billion, […] The post : UPS stock drops after revenue miss, lowered outlook amid volume impact from labor negotiations appeared first on ForexTV... Read More
Posted: Aug 8 2023, 10:10
Author Name: forextv
Views: 102175

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