J.B. Hunt Soars 18.3% in Early Trading on Thursday
Deep News
Oct 16
In early trading on Thursday, shares of J.B. Hunt Transport (JBHT) surged 18.3% after the company outlined its progress on a $100 million cost-cutting plan amidst industry headwinds. While revenue remained flat year-over-year, the company reported an 8% improvement in operating profit, with diluted earnings per share rising by 18%.
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