Wabash has reported first-quarter earnings that missed projections for the already-battered trailer and equipment manufacturer and sent the company’s stock plunging again.
At approximately 10:30 am EDT, Wabash (NYSE: WNC) stock was at $7.39, a decline of $2.58 or 25.85% on the day. Its intraday low was $7.07. Its 52-week high was July 16, when it hit $24.03.
Among some of the key data points in the earnings report:
- Wabash shipped 6,290 trailers in the first quarter, compared to 8,500 in the first...
https://www.freightwaves.com/news/new-decline-on-weak-earnings-delivers-fresh-pain-to-wabash-stock