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Old Dominion Freight Line Inc. Trading Volume Plummets 51.49% to 498th Position Despite Bank of America's Optimistic Price Target Hike
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:14 pm ET1min read
On June 17, 2025,
Inc. (ODFL) experienced a significant decline in trading volume, with a total of 1.55 billion shares traded, marking a 51.49% decrease from the previous day. This placed at the 498th position in terms of trading volume for the day. The stock price also saw a 1.75% drop, marking the third consecutive day of decline, with a total decrease of 3.54% over the past three days.Bank of America Global Research recently raised its price target for Old Dominion Freight Line Inc. from $167 to $183, reflecting a more optimistic outlook on the company's future performance. This adjustment comes as Toronto Dominion Bank increased its stake in ODFL, indicating growing investor confidence in the freight transportation sector.
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