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Wajeeh Khan

JBHT Stock Plummets as J.B. Hunt Warns Investors About Q3 Earnings

J.B. Hunt (JBHT) shares crashed on Sept. 16 after management issued an unexpected profit warning for the company’s third financial quarter. Speaking at the Morgan Stanley Industrial Conference, leadership cautioned that operational headwinds could result in a sequential decline of as much as 10% in the firm’s Q3 per-share earnings.

Including today’s decline, J.B. Hunt stock is down roughly 20% versus its year-to-date high.

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