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UPS’s stock sinks after a rare profit miss and as earnings guidance still not given

136d ago
Business
MarketWatch
Business meeting
UPS's stock is facing downward pressure after the company reported a disappointing profit miss. The company has yet to provide earnings guidance, citing ongoing macroeconomic uncertainties. This marks the second consecutive quarter where broader economic factors have negatively impacted UPS's financial outlook, raising concerns among investors about the company's ability to navigate the current economic climate and maintain profitability.
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