UPS Stock Plunges 23.5% YTD: Should You Consider Buying the Dip?

United Parcel Service's (UPS) shares have declined 23.5% year to date. UPS’ decline mirrors the Zacks Transportation—Air Freight and Cargo  industry’s 21.1% fall and the 22.2% dip in shares of fellow industry player GXO Logistics (GXO) . Rival FedEx (FDX) has seen a steeper year-to-date fall of 26.2%.YTD Price ComparisonImage Source: Zacks Investment ResearchUPS shares have performed even worse in a year’s time, declining 33.7%, steeper than the industry’s 27% fall in the same time period.  GXO Logistics an ...