UPS Shares Plummet, Approaching a 5-Year Trough
Published March 25, 2025, 2:05 PM EST
The United Parcel Service (UPS) shares are plunging today, which makes it the weakest performer in the S\&P 500 index. The stock value of the delivery colossus is alarmingly close to reaching its nadir closing value in almost five years.
There have not been any SEC submissions or media statements from the firm today that appear to clarify the decrease.
UPS shares have lately decreased by almost 5%, touching $110.22. If it concludes at that point, it will represent the lowest closing value since June 29, 2020, when it concluded at $109.48. BlackRock and Fidelity to Join XRP ETF Race
On January 30, the shares experienced a substantial setback, plummeting by over 16%, subsequent to the firm reporting unsatisfactory Q4 outcomes and declaring it was diminishing commerce with its biggest client, Amazon (AMZN). Since attaining a record peak of $232.11 on February 2, 2022 (amid the apex of pandemic-driven demand), the firm has forfeited over half of its capitalization.
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