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Here's Why UPS Stock Popped in October

The Motley Fool Logo The Motley Fool By Lee Samaha
Here's Why UPS Stock Popped in October

UPS saw a 15.4% stock rise in October due to strong third-quarter results, demonstrating progress in shifting to higher-margin deliveries and implementing cost-cutting strategies, despite facing trade headwinds and challenges in some end markets.

Insights
UPS   positive

Management demonstrated progress in expense reduction ($3.5B target), improved revenue per piece by 9.8%, won SMB market share, and showed potential for sustainable dividend and margin improvement by focusing on higher-margin deliveries