UPS Bold Strategy to Pivot Towards Healthcare Logistics Amid Slow Growth
United Parcel Service (NYSE: UPS) is plotting a strategic overhaul to shake off its current stagnation, despite the stock facing headwinds from sluggish growth and an unclear recovery timeline. In a presentation to analysts on March 26, UPS shed light on its ambitious three-year plan aimed at achieving record revenue and elevated margins by 2026. Nevertheless, the announcement triggered an over 8% stock tumble, largely fueled by concerns over slower-than-anticipated growth and expected near-term losses.
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