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The Latest UPS Headlines
UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It.
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<blockquote data-quote="cheryl" data-source="post: 4522314" data-attributes="member: 1"><p><a href="https://www.barrons.com/articles/ups-stock-is-slumping-new-ceo-carol-tome-bought-large-block-51591289247" target="_blank"><strong>UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It. - Barron's</strong></a></p><p></p><p>United Parcel Service stock has tumbled this year in the chaos of the coronavirus pandemic, but Carol Tome, the logistics giant’s new CEO, bought a large block of shares.</p><p></p><p>UPS stock sports a year-to-date loss of 8.9%. First-quarter earnings disappointed, although sales topped expectations. The company’s drivers are traveling farther and making more stops for lower-margin home deliveries, hammering margins.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4522314, member: 1"] [URL='https://www.barrons.com/articles/ups-stock-is-slumping-new-ceo-carol-tome-bought-large-block-51591289247'][B]UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It. - Barron's[/B][/URL] United Parcel Service stock has tumbled this year in the chaos of the coronavirus pandemic, but Carol Tome, the logistics giant’s new CEO, bought a large block of shares. UPS stock sports a year-to-date loss of 8.9%. First-quarter earnings disappointed, although sales topped expectations. The company’s drivers are traveling farther and making more stops for lower-margin home deliveries, hammering margins. [/QUOTE]
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UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It.
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