Today: 27 March 2026
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NYSE:CHRW 15 February 2026

C.H. Robinson stock steadies after AI scare — insiders step in as traders brace for Tuesday

C.H. Robinson stock steadies after AI scare — insiders step in as traders brace for Tuesday

C.H. Robinson shares closed up 4.9% at $176.01 Friday, rebounding after a 15% plunge sparked by AI disruption fears tied to Algorhythm Holdings’ SemiCab platform. Executives disclosed open-market share purchases following Thursday’s drop. The company’s annual 10-K warned of “accelerated adoption of automation and AI” in freight.

Stock Market Today

  • BRP Inc. Tops TSX Gainers with 40% Upside, RBC and Analysts Weigh In on Big Banks and Telus
    March 27, 2026, 6:14 PM EDT. BRP Inc. (DOO:TSX) led TSX gainers, rising over 9% after strong earnings, expanding North American market share by 12%. RBC Capital Markets sets a $131 price target, 40% above current levels. TD Cowen and CIBC Capital Markets also express optimism despite macroeconomic uncertainties. Conversely, RBC Capital Markets cut price targets for five major Canadian banks due to private credit risks and geopolitical issues; downside seen but with modest upside potential. Meanwhile, Desjardins Group recommends a 35% dividend cut at Telus Corp., arguing new leadership should rethink capital allocation despite no necessity for a cut. The S&P/TSX Canadian bank index trades above historic averages but RBC's reduced forward price-to-earnings multiples remain considered reasonable by analyst Darko Mihelic.
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