The price of UPS Inc. shares rocketed at the start of Tuesday trading and never looked back after the company reported what may have been the strongest financial results in its 115-year history.
Near Tuesday’s market close, UPS (NYSE: UPS) shares rose nearly $29.50 a share to $231.64, a gain of nearly 14.6% on the session. Shares took off after the Atlanta-based company posted fourth-quarter results that left even analysts’ best-case estimates in the dust. UPS’ momentum is so strong that it...
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