Why United Parcel Service (UPS) Stock Skyrocketed This Week

Why United Parcel Service (UPS) Stock Skyrocketed This Week

Key PointsUPS reported a better-than-expected quarter, handily beating estimates on its top and bottom lines.The company is in the midst of a turnaround; the quarter showed its efforts are working. 10 stocks we like better than United Parcel Service › Shares of United Parcel Service (NYSE: UPS) are jumping this week, up 10.3% as of 2:36 p.m. ET on Friday. The move comes as the S&P 500 has gained 0.7% and the Nasdaq-100 2%. The delivery and logis…

CWEB Business News UPS Custs 48,000 Jobs stock Jumps 8%

UPS Announces Major Workforce Restructuring, Stock Surges on $3.5 Billion Savings Plan UPS stock experienced a significant surge, climbing as much as 8% in a single trading session following the release of its third-quarter earnings. The dramatic rise was fueled not only by the company’s stronger-than-expected financial performance but by a sweeping corporate overhaul that […]