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Why XPO Stock Surged This Week


Shares of less-than-truckload (LTL) transportation company XPO (NYSE: XPO) were among the winners after the company reported better-than-expected results in its fourth quarter. It topped estimates on the top and bottom lines, expanded its operating margin, and improved on key service metrics.

According to data from S&P Global Market Intelligence, the stock finished the week up 26.7% on the news.

Image source: XPO.

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Source Fool.com

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