United Parcel Service, Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $UPS performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
Supply-chain woes, inflationary pressures and high operating expenses hurt the UPS stock.
FedEx (NYSE: FDX) stock suffered its largest single-day decline in company history last week after it cut its full-year fiscal 2023 guidance and gave a disappointing outlook for the first half of the fiscal year (which ends May 31, 2023). United Parcel Service's (NYSE: UPS) stock price fell 4.5% in sympathy, but it was not nearly as severe when compared to FedEx's 21.4% decline. FedEx stock is now down more than 50% from its all-time high set in May 2021, while UPS is only down 27.4% from its all-time high set in February.