UPS Stock Plummets Despite Analyst Upgrades and CEO's Insights on Consumer Shopping Shift.
TL;DR Summary
Despite an analyst's recommendation to stop selling UPS stock, investors are continuing to do so after the logistics company reported first-quarter numbers that met Wall Street expectations but warned that the year was trending toward the low end of sales and profit-margin guidance, effectively cutting guidance.
- Stop Selling UPS Stock, Says Analyst. Investors Aren't Listening. Barron's
- UPS sinks after earnings CNBC Television
- UPS Sees a Flurry of Analyst Revisions after Post Earnings Tumble TipRanks
- UPS upgraded at Wolfe Research after post-earnings plunge (NYSE:UPS) Seeking Alpha
- UPS CEO Carol Tome says consumer shopping shift from goods to services is weighing on volumes CNBC Television
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