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

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.

Share this article

Want the full story? Read the original reporting

Read on CNBC