UPS Stock Plummets 60% from Pandemic Peak as Delivery Demand Normalizes
United Parcel Service (UPS) shares have cratered 60% from their COVID-era highs as the logistics giant faces a harsh reality check. The stock's dramatic rise during pandemic lockdowns—when e-commerce deliveries surged—proved ephemeral as consumer behavior reverted to pre-2020 patterns.
Investors initially treated temporary delivery volume spikes as permanent demand shifts, creating a valuation bubble. Now trading NEAR pre-pandemic levels, UPS presents a potential value opportunity for patient investors. The company maintained operational discipline throughout the volatility, positioning itself for long-term stability despite short-term market disillusionment.