USSTOCK.TODAY
Weekend. Closed
Log in Sign up

Marten Transport shares fall 7% on weak Q3 results amid cost pressures

FreightWaves ·

MRTN
MRTN Marten Transport Ltd
$11.78 -4.23%
View chart & analysis →
  1. 1Marten Transport shares fell 7% during midday trading on Friday.
  2. 2Marten Transport reported a Q3 net income of $2.9 million.
  3. 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 ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →