United Parcel Service, Inc. Shares: Stuck In Traffic - Benzinga
United Parcel Service, Inc. stock has been trying to recover after coming out with disappointing earnings in late July. Will the current upside be sustainable or is it just a bounce in a bear market?
UPS (NYSE: UPS) shares have been climbing gradually over the last few weeks following a nasty sell-off related to their most recent earnings report.
The stock's rise of late may be at least in part attributable to the downward pressure on crude oil prices – which can obviously have a beneficial effect on all transportation issues that rely on gas for their fleets. How much more will continued downward pressure help UPS counteract the influences on stop-and-start global growth?
United Parcel Service, Inc. stock has been trying to recover after coming out with disappointing earnings in late July. Will the current upside be sustainable or is it just a bounce in a bear market?
UPS (NYSE: UPS) shares have been climbing gradually over the last few weeks following a nasty sell-off related to their most recent earnings report.
The stock's rise of late may be at least in part attributable to the downward pressure on crude oil prices – which can obviously have a beneficial effect on all transportation issues that rely on gas for their fleets. How much more will continued downward pressure help UPS counteract the influences on stop-and-start global growth?
