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UPS, FedEx stocks drop to pace transport losers after Morgan Stanley highlights Amazon Air risk

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UPS and FedEx shares pace transport losers after Amazon Air risk is noted

 

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UPS, FedEx shares near bear market as Morgan Stanley sees rising competition from 'Amazon Air'Shares of both FedEx and UPS headed toward a bear market in Tuesday trading after Morgan Stanley said 'the market is missing the risk Amazon Air poses.' Here’s some room for opportunity, a lot of it Try to compete on Ground Can't take 30yrs with all Trails , Back roads Hidden Businesses 🚚 Cheaper to Pay Up 💵❗ No. Just no. Amazon air? No. No. I would tell the Morgan Stanley person who wrote this to kill themselves, but I feel like that's against Twitter rules. You know what I think about Amazon Air? UnicornFrappuccino
Source: CNBC - 🏆 12. / 72 Read more »