Updated
Updated · MarketWatch · May 7
Paccar stock slips 2.11% in grim market session
Updated
Updated · MarketWatch · May 7

Paccar stock slips 2.11% in grim market session

12 articles · Updated · MarketWatch · May 7
  • Shares closed at $114.05 as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
  • Paccar ended 13.52% below its 52-week high of $131.88, reached on 4 February, and lagged Ford and Wabash while slightly outperforming Oshkosh.
  • Trading volume was 2.4 million shares, about 560,485 below its 50-day average of 2.9 million, indicating lighter-than-usual activity during the decline.
With truck demand projected to boom, why is Paccar's stock stumbling after its latest earnings report?
AI is crushing logistics stocks. Could truck manufacturers like Paccar be the next to fall?
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