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Updated · MarketWatch · Apr 30J.B. Hunt Transport Services stock rises 2.12% in strong market session
10 articles · Updated · MarketWatch · Apr 30
- Shares closed at $251.53 on Thursday, while the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
- The stock finished 1.82% below its 52-week high of $256.18 reached on 21 April, and trading volume of 897,644 was slightly below its 50-day average.
- Among peers, Knight-Swift rose 2.43%, Old Dominion gained 1.47%, and Saia climbed 6.35%, leaving J.B. Hunt ahead of some competitors but behind Saia.
With insiders selling and analysts warning of overvaluation, is J.B. Hunt's stock rally sustainable? J.B. Hunt beat earnings, but its brokerage unit lost money. What does this reveal about the freight market's health? Can J.B. Hunt’s intermodal growth offset the driver shortage and rising costs threatening the trucking industry?