UPS stock drops 4% on Amazon shipment slowdown worries
UPS shares fell 4% to $95.04, reversing optimism and making it the worst performer in the S&P 500 on Monday. The move puts the stock on pace for its lowest close since $94.95 on March 30.
A slowdown in Amazon shipments has soured Wall Street on UPS stock, reversing recent optimism and leaving the shares the worst performer in the S&P 500 on Monday. 95 on March 30. FedEx s…