Why Daseke Stock Surged 29% This Morning
Daseke (NASDAQ: DSKE) is a small-cap stock that's one of the largest flatbed and specialized transportation and logistics companies in North America. But flatbed transportation -- even of oversize loads like wind turbine blades, airplane parts, steel, and lumber -- is not a particularly sexy business, and historically, The Motley Fool hasn't written much about Daseke, aside from transcribing the occasional earnings call.
But this morning, Daseke stock surged 28.9% in early trading after reporting third-quarter earnings, and that got our attention. (The stock is still up over 6% at 2:25 p.m. EDT). So today seems like a very fine time to start looking at Daseke more closely.
A flatbed truck carrying a wind turbine blade. Image source: Getty Images.
Source Fool.com
