Saia Plummets 3.98% on Sector-Wide Jitters as $280M Volume Ranks 447th Amid Macro Fears

On July 30, 2025, Saia (SAIA) shares fell 3.98% with a trading volume of $280 million, ranking 447th in the stock market. The decline followed broader sector weakness triggered by Old Dominion Freight Line’s disappointing Q2 earnings, which highlighted ongoing domestic economic softness. Saia’s recent earnings report had already shown a year-over-year drop in net income and EPS, compounding investor concerns. Analysts at Stifel previously downgraded the stock due to volume stagnation and margin pressures, amplifying its sensitivity to market sentiment.

The logistics sector faced renewed jitters after United Parcel Service (UPS) withheld full-year guidance, citing macroeconomic uncertainty and weak consumer confidence. This followed a 3.1% drop in Saia’s stock earlier in the week amid similar sector-wide headwinds. Despite mixed analyst ratings—ten “hold” recommendations and an average price target of $339.79—Saia’s year-to-date decline of 30.4% reflects persistent demand concerns. Institutional investors have shown varied activity, with some increasing stakes while others have scaled back positions.

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