Investors' overreaction to seasonal volatility may represent a buying opportunity, Citi says. The post Trucking stocks tumble, but Citi sees opportunity in chaos appeared first on FreightWaves.
Shares of Truth Social parent Trump Media & Technology Group continued their decline since Inauguration Day, plummeting more than 10% Monday.
Shares of Beacon Roofing Supply surged almost 7% amid a market sell-off Monday on news the company was in discussions with technology solutions company QXO to be acquired for $11 billion.
Palantir was one of the worst-performing stocks in the S&P 500 Monday, as shares extended losses since hitting an all-time high last month.
As of midday, the S&P 500 was down 2%, while the Nasdaq 100 was down more than 3%.
The shift to defense is on.
Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 10.1% in the afternoon session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq fal
Shares of social network operator Meta Platforms (NASDAQ:META) fell 6% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. On Sunday, March 9, 2025, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq fa
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) fell 7.1% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. On Sunday, March 9, 2025, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq fal
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 5.4% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. On Sunday, March 9, 2025, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasd