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United Parcel Service (UPS) Has Dropped To A 1-Month Low After Q4 Report

United Parcel Service (UPS) reported fourth quarter EPS of $1.67 Thursday morning, up from $1.63 a year ago. Analysts expected EPS of $1.66. Revenues rose 11.2% to $18.83 billion, from $16.93 billion last year.

United Parcel Service has gapped open sharply lower this morning and is now down 8.23 at $119.09. The stock has dropped to a 1-month low and has fallen below its 50-day moving average.

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