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UPS, FedEx stocks sink after Amazon expands logistics network to other businesses

UPS and FedEx stocks sank Monday after Amazon announced it was opening up its supply chain network to outside companies.

bitcoin
Bitcoin (BTC) $ 81,266.00 2.92%
ethereum
Ethereum (ETH) $ 2,388.35 2.05%
tether
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bnb
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solana
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xrp
XRP (XRP) $ 1.41 1.31%
usd-coin
USDC (USDC) $ 0.999817 0.00%
tron
TRON (TRX) $ 0.337886 0.16%
polkadot
Polkadot (DOT) $ 1.27 3.88%
dogecoin
Dogecoin (DOGE) $ 0.111959 1.25%
avalanche-2
Avalanche (AVAX) $ 9.41 3.06%
cardano
Cardano (ADA) $ 0.259001 3.91%
shiba-inu
Shiba Inu (SHIB) $ 0.000006 1.62%
staked-ether
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the-open-network
Toncoin (TON) $ 1.88 36.49%
chainlink
Chainlink (LINK) $ 9.80 3.76%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00 3.12%
uniswap
Uniswap (UNI) $ 3.37 2.16%
bitcoin-cash
Bitcoin Cash (BCH) $ 459.59 3.46%
near
NEAR Protocol (NEAR) $ 1.29 2.60%
litecoin
Litecoin (LTC) $ 55.53 0.41%
internet-computer
Internet Computer (ICP) $ 2.51 6.15%
aptos
Aptos (APT) $ 0.992483 1.97%
leo-token
LEO Token (LEO) $ 10.32 0.11%
filecoin
Filecoin (FIL) $ 0.955091 2.24%
dai
Dai (DAI) $ 0.999646 0.02%
blockstack
Stacks (STX) $ 0.230391 2.36%
cosmos
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arbitrum
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ethereum-classic
Ethereum Classic (ETC) $ 8.92 3.10%
render-token
Render (RENDER) $ 1.87 2.22%
immutable-x
Immutable (IMX) $ 0.171955 2.36%
bittensor
Bittensor (TAO) $ 285.78 0.46%
stellar
Stellar (XLM) $ 0.160162 1.43%
hedera-hashgraph
Hedera (HBAR) $ 0.089916 2.24%
crypto-com-chain
Cronos (CRO) $ 0.069544 1.88%
the-graph
The Graph (GRT) $ 0.025145 2.65%
okb
OKB (OKB) $ 85.81 0.98%
optimism
Optimism (OP) $ 0.130387 7.27%
kaspa
Kaspa (KAS) $ 0.033956 0.81%
injective-protocol
Injective (INJ) $ 3.81 3.15%
pepe
Pepe (PEPE) $ 0.000004 2.42%
Source: CurrencyRate