UPS Shares Surge on Strong Earnings and Positive Outlook

1 min read
Source: CNBC
UPS Shares Surge on Strong Earnings and Positive Outlook
Photo: CNBC
TL;DR Summary

UPS exceeded Wall Street earnings expectations in Q3, driven by a major turnaround plan that included workforce reductions and property sales, leading to a 10% premarket stock increase and an optimistic outlook for the holiday season.

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