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UPS Stock Drops 5% As Oil Shock Rattles Transport Sector

By Trader Edge at 2026-03-09 16:36

Sentiment: Negative

TLDR UPS stock fell ~4.9% on March 9, 2026, as oil prices spiked above $100 per barrel FedEx (FDX) also dropped more than 7% on the same day Jefferies raised its UPS price target from $130 to $135 last week, implying 38% upside UPS’s RSI sits at 30.22, putting it near oversold territory UPS expects [...] The post UPS Stock Drops 5% As Oil Shock Rattles Transport Sector appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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