Apple stock rises after falling Thursday by the most since August, Alphabet stock is up after the Supreme Court upholds a ban on TikTok, and Qorvo stock jumps after activist Starboard Value amasses a large stake in the chip maker.
J.B. Hunt Transport stock was down after the company reported fourth-quarter results that showed an expected improvement in shipping hasn’t arrived yet. Thursday evening, Hunt announced earnings per share of $1.
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 41 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%.
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%.
This was the stock's fourth consecutive day of gains.
J.B. Hunt stock is notably lower Friday after the logistics company fell short of fourth-quarter earnings expectations. Here's what you need to know.
J.B. Hunt Transport Services Inc. closed $40.28 below its 52-week high ($219.51), which the company achieved on February 15th.
Bank of America said the strength its observing in the freight market is more than just pre-shipping ahead of tariffs and the Chinese New Year.
Currently, JB Hunt has an average volume of 845.2K ... JB Hunt (JBHT) Company Description: J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions.
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 41 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%.
Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.