United Parcel Service is trading at $91.92, down 4.07%, after Bank of America downgraded the shares from hold to sell on September 24, 2026, citing the end of the U.S. de minimis exemption.
- The change increases customs-data, tariff-collection and compliance costs for low-value shipments, threatening structural margin pressure.
- The stock’s decline was substantially larger than broader-market weakness; markets were only modestly lower during trading.