Updated
Updated · MarketWatch · May 1
Old Dominion Freight Line stock sheds 3.12% and underperforms rivals
Updated
Updated · MarketWatch · May 1

Old Dominion Freight Line stock sheds 3.12% and underperforms rivals

9 articles · Updated · MarketWatch · May 1
  • Shares closed at $205.81 on Friday, as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average slipped 0.31% to 49,499.27.
  • The stock finished 11.97% below its 52-week high of $233.79 reached on 29 April.
  • It lagged peers including J.B. Hunt, Knight-Swift and Saia, which also fell but by smaller margins, while trading volume of 2.2 million matched its 50-day average.
ODFL beat earnings yet its stock plunged. What does this paradox signal about the health of the U.S. freight industry?
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