Reasons behind Falling of UPS Stock After Hours

[{"selector":"#anim-1471246f-d840-4ee2-a8b3-816a892e7cf0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6490d487-49ff-4176-9ebd-754b928101af","keyframes":{"transform":["translate3d(0px, -750.24675%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] United Parcel Service Inc shares are trading down in Thursday's after-hours session after FedEx Corp shares fell down to 15% Credit- Pixabay

[{"selector":"#anim-20a945aa-07cc-478e-a74c-4dafc14ed448","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ece1203e-4969-40bf-9c4f-b99a4f31c051","keyframes":{"transform":["translate3d(0px, -602.8769%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 'Its fiscal first-quarter results were adversely influenced by global volume softness that accelerated in quarter final week' FedEx said Credit- Pixabay

[{"selector":"#anim-f7c27250-ce17-43be-b281-04973e9100ce","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eee4971d-9566-4051-890c-daa167b88a0c","keyframes":{"transform":["translate3d(0px, -602.8769%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company now expects first-quarter income of $23.2 billion and first-quarter adjusted revenues to be around $3.44/share Credit- Pixabay

[{"selector":"#anim-00b82fcb-f90e-4c90-862f-8bbc288b4987","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78a48504-29cf-4d36-833a-897e64116361","keyframes":{"transform":["translate3d(0px, -992.97352%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The president and CEO of FedEx Raj Subramaniam shared his idea in this case Credit- Pixabay

[{"selector":"#anim-a1c16bef-bfcb-4f31-a972-2c7825c6d3bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ea2ae22f-8f14-4b2f-91fa-b2d938219da4","keyframes":{"transform":["translate3d(0px, -602.8769%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 'Global volumes dropped as macroeconomic trends particularly worse later in the quarter, both in the U.S.A and internationally' he said Credit- Pixabay

[{"selector":"#anim-01bd0620-33b4-4f8b-8978-3cd54f6b6b50","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7e23fb3-f02f-4ad7-80c6-02668bf4b3fe","keyframes":{"transform":["translate3d(0px, -602.8769%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] He also said 'We are swiftly solving these problems, but given the speed at which conditions shifted, first-quarter outcomes are below our anticipations.' Credit- Pixabay