QUICK SPARK: $6 Diesel Triggers JB Hunt Stock's Worst Day Since March 2020
J.B. Hunt shares plunged 13% after the trucking company warned that third-quarter profit could fall 5%–10% sequentially, citing diesel prices above $6 a gallon versus $3.70 a year ago.
J.B. Hunt makes money moving stuff on trucks. When diesel fuel costs way more, their profits shrink fast. When you see a trucking company's stock drop big, watch fuel prices to help explain why.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.