Top Midday Decliners

MT Newswires Live
Sep 17

J.B. Hunt Transport Services (JBHT) expects earnings to fall 5% to 10% sequentially in Q3, Chief Financial Officer Brad Delco said Tuesday on a conference call. The company faced "one of the most acute changes in the cost of purchased transportation," with intra-quarter spot rates rising 30%, Delco said.

Shares slumped 13% as intraday trading volume catapulted to over 3.33 million from a daily average of about 949,000.

Xenetic Biosciences (XBIO) has entered into a definitive agreement to acquire all outstanding shares of Santersus in an all-stock transaction. The combined company is expected to continue trading on the Nasdaq Capital Market as Santersus Bio under a new ticker symbol, "SNTS."

Shares sank 50% as intraday trading volume soared to over 1.32 million from the stock's daily average of roughly 41,000.

Price: 238.97, Change: -34.09, Percent Change: -12.48

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10