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Why United Parcel Service Delivered for Investors Last Month

Lou Whiteman, The Motley Fool
·2-min read
Why United Parcel Service Delivered for Investors Last Month

Shares of United Parcel Service (NYSE: UPS) have sputtered through most of 2022, weighed down by concerns about a slowing economy. Shares of UPS gained 13.1% in November, according to data provided by S&P Global Market Intelligence, on investor hope that the worst is behind us. Efforts in the U.S. and overseas to battle inflation are showing signs of slowing the global economy, which would lead to less demand for logistics and shipping services.

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