Why Forward Air Stock Had Some Serious Lift Today
Next-generation logistics specialist Forward Air (FWRD 32.57%) delivered mightily for its investors Wednesday.On the back of an encouraging set of preliminary financial results and a business update, investors pushed the company's share price nearly 32% higher. That was more than good enough to beat the S&P 500 index's 9.5% rise.Sneak previewThe market liked what it heard from Forward Air regarding its financial performance. The company unveiled selected, preliminary first-quarter results indicating that it ...