UPS Stock Is Dropping. The Reason Is Odd.
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Shares of shipper United Parcel Service had a bad day Tuesday, and while there is one thing to pin declines on, it didn’t appear to be a big deal. UPS stock closed down 5% at 109.95, while the added 0.2% and the finished flat. The $4 cut moved the average price target by less than 20 cents.
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