Why J.B. Hunt Stock Popped Today
Shares of trucking and logistics company J.B. Hunt (NASDAQ: JBHT) were moving higher today after the company reported better-than-expected results in the third quarter.
Despite a challenging freight environment and flat revenue, the company was able to grow profits due to structural cost-cutting.
As a result, the stock was up 18% as of 10:42 a.m. ET.
Source Fool.com