- FedEx (NYSE:FDX) and UPS (NYSE:UPS) are lower in premarket trading after a brighter spotlight is turned on Amazon's (NASDAQ:AMZN) plan to run a delivery service.
- The Wall Street Journal reports that Amazon is expected to roll out the service in the next couple of weeks with third-party merchants that sell good off its site.
- A launch to other select U.S. cities is anticipated to happen later this year.
- FedEx is down 4.31% premarket, while UPS is 4.83% lower. Amazon is up 0.32% to $1,354.80.
Amazon shadow sends FedEx and UPS lower
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Symbol | Last Price | % Chg |
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FDX | - | - |
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