Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aditya Raghunath

Down 21% From All-Time Highs, JBHT Stock Warns of Earnings Decline

Shares of J.B. Hunt Transport Services (JBHT) tumbled 13% Wednesday, one of the worst single-day drops the trucking giant has seen in years.

The selloff followed JBHT's warning that earnings could fall 5% to 10% this quarter. The warning now leaves JBHT stock 21% below its all-time high, a steep fall for a company that had spent much of the year riding a freight market recovery.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.