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home / articles / UPS - Why FedEx (FDX) Stock Is Falling | Benzinga

UPS - Why FedEx (FDX) Stock Is Falling | Benzinga

United Parcel Service Inc.

FedEx Corp (NYSE: FDX) shares are trading lower by 3.4% to $227.13 in sympathy with United Parcel Service, Inc. (NYSE: UPS), which reported third-quarter financial results and lowered its full-year 2023 consolidated revenue guidance.

What Happened With UPS?

UPS reported a 12.8% YoY revenue decline to $21.06 billion in third-quarter 2023, missing expectations. Adjusted EPS was $1.57, ...

Full story available on Benzinga.com
Stock Information
Company Name: United Parcel Service Inc.
Stock Symbol: UPS
Market: NYSE
Website: ups.com
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