J.B. Hunt Near 52-Week High as Freight Names Draw Moves
J.B. Hunt Transport Services shares traded higher Friday afternoon, moving the trucking and logistics stock near its 52-week high. Investors are still betting on better freight pricing and improved margins. J.B. Hunt shares climbed 1.1% to $275.38 on Nasdaq, up $2.86 after swinging from $269.68 to $276.85. The rally puts the trucking company’s market cap around $26.2 billion.