Forward Air shares are trading trading lower after the company reported worse-than-expected Q3 financial results and issued weak Q4 guidance.
Portfolio Pulse from Benzinga Newsdesk
Forward Air Corporation reported disappointing Q3 financial results and issued weak Q4 guidance, leading to a drop in its share price.
October 31, 2023 | 3:17 pm
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Forward Air's stock price is likely to be negatively impacted in the short term due to worse-than-expected Q3 results and weak Q4 guidance.
The company's worse-than-expected Q3 results and weak Q4 guidance are likely to negatively impact investor sentiment, leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100