UPS Ends Down 7.37%, Largest Percent Decrease Since January 2015 -- Data Talk
04 Décembre 2018 - 11:20PM
Dow Jones News
United Parcel Service Inc. Class B (UPS) closed at $106.77, down
$8.50 or 7.37%
-- Lowest close since Nov. 2, 2018, when it closed at
$105.99
-- Largest percent decrease since Jan. 23, 2015, when it fell
9.91%
-- Morgan Stanley warned of the looming challenges as Amazon
builds out an air network to ship packages. While the rollout is in
the very early stages, the firm estimates Amazon's effort could
already lower domestic air volume growth at both FedEx and UPS by
up to 300 basis points
-- Down three of the past four days
-- Down two consecutive days; down 7.39% over this period
-- Worst two day stretch since the two days ending Feb. 2, 2018,
when it fell 8.52%
-- Down 10.39% year-to-date; on pace for worst year since 2015
when it fell 13.44%
-- Traded as low as $105.85; lowest intraday level since Nov. 2,
2018, when it hit $105.48
-- Down 8.17% at today's intraday low; largest intraday percent
decrease since Jan. 23, 2015, when it fell as much as 10.11%
-- Today's preliminary volume is 6.8 million shares; highest
since April 26, 2018, when 7.3 million shares were traded
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
December 04, 2018 17:05 ET (22:05 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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