Forward Air shares are trading higher the company and Omni reportedly settled their case.
Portfolio Pulse from Benzinga Newsdesk
Shares of Forward Air (FWRD) are trading higher after the company reportedly settled its case with Omni.

January 22, 2024 | 3:54 pm
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POSITIVE IMPACT
Forward Air's stock is experiencing an increase following the settlement of a legal case with Omni.
The settlement of a legal case often removes uncertainty and potential financial liabilities for a company. This resolution is likely to be viewed positively by investors, as it eliminates the risk and costs associated with ongoing litigation. Therefore, the short-term impact on FWRD's stock price is likely to be positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100