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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Knight-Swift (KNX) Surges: Stock Moves 6.3% Higher

Zacks Equity Research

Knight-Swift Transportation Holdings Inc. KNX was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $29.55 to $33.75 in the past one-month time frame.

The company has seen seven negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Knight-Swift currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Knight-Swift Transportation Holdings Inc. Price

Knight-Swift Transportation Holdings Inc. Price
Knight-Swift Transportation Holdings Inc. Price

Knight-Swift Transportation Holdings Inc. price | Knight-Swift Transportation Holdings Inc. Quote

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Investors interested in the Transportation sector may consider Delta Air Lines, Inc. DAL, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is KNX going up? Or down? Predict to see what others think:Up or Down

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Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
 
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