UPS, FedEx shares fall after Morgan Stanley highlights ‘Amazon Air’

Johan Nilsson | AFP | Getty Images

Cargo aircrafts from UPS, FedEx and West Air Europe are parked at Cargo City at Arlanda airport in Stockholm.

Shares of both FedEx and UPS headed toward a bear market in Tuesday trading after Morgan Stanley said “the market is missing the risk Amazon Air poses” to the growth of the delivery service companies.

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