Marten Transport shares fall 7% on weak Q3 results amid cost pressures
MRTN Marten Transport Ltd
$11.78 -4.23%
View chart & analysis → - 1Marten Transport shares fell 7% during midday trading on Friday.
- 2Marten Transport reported a Q3 net income of $2.9 million.
- 3A $3.7 million impact on net income occurred due to high fuel and wage costs.
So what's the key point?
Marten Transport's stock price dropped 7%. This happened because profits decreased due to high fuel and wage costs.
Source FreightWaves · View original ↗
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