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Wabash National Stock Plunges 10.63% Amidst Earnings Woes
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 23, 2025 6:40 am ET1min read
On April 23, 2025, Wabash National's stock experienced a significant drop of 10.63% in pre-market trading, indicating a notable shift in investor sentiment towards the company.
DA Davidson analysts have maintained a Neutral rating on
, setting a price target of $11.00. This decision comes amidst a challenging period for the company, as its stock has declined by 42.9% due to softer results and backlog issues. Despite the attractive entry prices, investors are advised to exercise caution.In an effort to modernize its operations, Wabash National has partnered with UP.Labs to develop a next-generation AI-powered tool. This tool aims to streamline the process of specifying made-to-order trailers and truck bodies, enhancing efficiency and customer satisfaction.
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