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S&P 500 Trucking Stock JB Hunt Dives On CFO’s Earnings Warning Amid Surging Diesel Costs
Shares of J.B. Hunt plummeted 12% on Wednesday morning after the trucking company warned of an impending earnings decline. The morning’s drop made it the worst-performing stock on the S&P 500. During a Morgan Stanley conference late Tuesday CFO Brad Delco front ran the bad news. Costs were rising faster than J.B. Hunt (JBHT) could raises its prices, setting up…
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