Why This Little-Known Small-Cap Stock Shot Up 12% Today
Daseke (NASDAQ: DSKE) stock shot up in early trading Tuesday and rallied higher through the session, up by about 12% at 3:27 p.m. EDT.
Don't feel bad if you haven't heard of Daseke before -- the small-cap company is barely mentioned within the analyst and investor community, even though it's the largest flatbed and open-deck transportation and logistics carrier in North America, with a fleet of more than 4,500 tractors and 11,000 flatbed and specialized trailers. Another interesting fact about Daseke is that it went public in 2017 by merging with a special purpose acquisition company (SPAC).
If that surprises you, wait until you hear this: Tuesday morning, Daseke reported record numbers for its second quarter and upgraded its outlook for the full year.
Source Fool.com
