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UPS reported its latest quarterly financial results , which sent the stock price crashing.
UPS (UPS -1.77%) benefited from the surge in online shopping during the pandemic. Now that consumer behavior is changing, it's a headwind for UPS.
*Stock prices used were the afternoon prices of April 26, 2023. The video was published on April 27, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends United Parcel Service. The Motley Fool has a disclosure policy.
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