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Benzinga
Benzinga
Business
Joel Elconin

PreMarket Prep Stock Of The Day: What's Ahead For JB Hunt Transport?

JB Hunt JB Hunt Transport JBHT Nasdaq

When a stock has a huge fall from grace, it's interesting to observe how the asset reacts to its next earnings report. That's certainly the case with J.B. Hunt Transport (NASDAQ:JBHT), which announced earnings after the close on Monday.

Monster March: On Feb. 24, J.B. Hunt made a new low for the year at $185, which was nearly $20 off its year-end closing price of $204.40. It rebounded to end that session at $188.91 and embarked on an incredible rally.

Fourteen days later, it reached a new all-time high ($218.18) and an all-time closing high ($218.06).

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