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Brown Cafe UPS Forum
UPS Discussions
ups up $.70 FDX up $5.33 on buyout rumors
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<blockquote data-quote="RockyRogue" data-source="post: 224407" data-attributes="member: 7185"><p>Yes and no. UPS may have been trying to prop up the share price by doing so, or so a poster a few months ago thought when this topic was debated. Companies buy back shares all the time but for different purposes. UPS has defied logic and/or explanation from where I sit a number of times. I couldn't begin to guess if this is the start of going private again or not. You're talking to an Arts and Humanities student lol. -Rocky</p></blockquote><p></p>
[QUOTE="RockyRogue, post: 224407, member: 7185"] Yes and no. UPS may have been trying to prop up the share price by doing so, or so a poster a few months ago thought when this topic was debated. Companies buy back shares all the time but for different purposes. UPS has defied logic and/or explanation from where I sit a number of times. I couldn't begin to guess if this is the start of going private again or not. You're talking to an Arts and Humanities student lol. -Rocky [/QUOTE]
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ups up $.70 FDX up $5.33 on buyout rumors
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