Forward Air shares are trading lower after multiple analysts downgraded the stock. The company on Thursday announcer a merger with Omni Logistics.
Portfolio Pulse from Benzinga Newsdesk
Shares of Forward Air (FWRD) are trading lower following multiple analyst downgrades. This comes after the company announced a merger with Omni Logistics.
August 11, 2023 | 12:14 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Forward Air's stock is trading lower due to multiple analyst downgrades following the announcement of a merger with Omni Logistics.
The downgrades by analysts indicate a negative sentiment towards the merger, which is causing a decrease in the stock price of Forward Air. This is a direct impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100