UPS Shares Drop Amid Economic Uncertainty and Lack of Guidance
TL;DR Summary
UPS's stock declined after it withdrew its full-year guidance due to macroeconomic uncertainties, following a mixed Q2 earnings report where revenue and EPS slightly missed expectations, and FedEx also lowered its outlook.
- UPS falls after pulling full-year guidance due to macro uncertainty; FedEx also lower (UPS:NYSE) Seeking Alpha
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- UPS Falls as Courier Withholds Outlook on Trade, Economic Woes Yahoo Finance
- UPS Shares Decline as Lack of Guidance, Weaker Results Show Prolonged Challenges The Wall Street Journal
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