On June 18, United Parcel Service declined 3.04% in regular trading, trading at $106.535/share, with turnover of $201 million.
On the news front, the company recently filed Form 144 and multiple Form 4 ownership change statements with the SEC, indicating insider selling activity. Previously disclosed Q1 results showed revenue of $21.202 billion, down 1.60% year-over-year, and net income of $864 million, down 27.21% year-over-year. Against this backdrop of fundamental weakness, continued insider disposals have further intensified market selling pressure.
Within the Air Freight & Logistics sector, the overall industry traded lower. Among peers, FedEx fell 2.2%, Expeditors declined 1.82%, ZTO Express lost 1.2%, C.H. Robinson dropped 1.18%, and PS International fell 1.03%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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