UPS to cut Amazon business by more than 50%. Its stock is tumbling.

UPS’s stock falls after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.

Jan 30, 2025 - 04:30
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UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS’s stock falls after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.

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