J.B. Hunt (JBHT) Stock Soars on Earnings Surprise – Is a Freight Sector Revival Underway?
Stock Rally After Earnings Beat J.B. Hunt’s stock rallied hard on Oct. 16. Reuters reported that JBHT shares “rose nearly 16% in early trading on Thursday” (Oct 16) after the company’s cost-cutting drove a stronger-than-expected profit Reuters. Traders noted a similar jump (about 18%) according to market news on StockTwits Stocktwits. The surge pushed JBHT to multi-week highs (roughly mid-$160s…