Stocks on the move: UPS plans new surcharges, Etsy surges on mask sales
Yahoo Finance's Adam Shapiro breaks down the stocks to watch Friday.
Video Transcript
ADAM SHAPIRO: I want to tell you about some of the stocks which are on the move right now. One of them is UPS. Shares are up almost 4%. They were up almost 4% at the opening bell as well. They're planning new surcharges which could reach $3 per package for ground shipments and up to $4 for air shipments. And again, shares moving right now-- year to date, they're up 27.5%. Over the last 52 weeks, those shares are up 30%.
And then there is Etsy. Did you buy a facemask? Talk about a blowout in earnings-- shares up almost 4%, almost 5% right now. Revenue in the second quarter more than doubled. Year to date, shares are up more than 200%.