Saia stock jumps nearly 10% as U.S. factory gauge returns to growth ahead of earnings
Saia shares jumped 9.9% to $368.19 Monday after U.S. factory activity expanded for the first time in a year, lifting transport stocks. The Institute for Supply Management’s PMI rose to 52.6 in January. Investors are watching shipment trends and pricing ahead of Saia’s quarterly results on Feb. 10.