Shuttle shares surge 17.24% after-hours as SEPTA launches new T Bus Shuttle amid extended trolley tunnel closure.

Shuttle surged 17.24% in after-hours trading following the announcement by the Southeastern Pennsylvania Transportation Authority (SEPTA) that a new T Bus Shuttle service would replace the Center City Trolley Tunnel until at least December 2025. The tunnel closure, extended due to damage caused by recent slider replacements on trolleys, has necessitated the shuttle to maintain connectivity between 40th-Market and 15th St/City Hall. The increased demand for alternative transit solutions directly benefits Shuttle, which is likely positioned to capitalize on the temporary shift in ridership. Other news, including updates on the Endeavour space shuttle, Norwegian Air Shuttle, and local parking services, were deemed unrelated to the stock’s movement.