RXO Stock Soars 15.46% After Susquehanna Downgrade

RXO's stock price surged by 15.46% today, marking a significant rebound from its record low earlier in the day, which saw an intraday decline of 4.25%.

Susquehanna recently revised their price target for RXO, lowering it from $18.00 to $13.00 and assigning a "negative" rating. This downgrade, which occurred on March 27, 2025, has likely contributed to the stock's recent volatility. The negative outlook from Susquehanna reflects broader concerns about the company's performance and future prospects, which have weighed on investor sentiment.