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J.B. Hunt's Stock Plunges After Market Misprices Profit Warning

Source: marketbeat.com

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J.B. Hunt's Stock Plunges After Market Misprices Profit Warning

J.B. Hunt issued an unexpected profit warning at a Morgan Stanley investor conference, citing higher costs. The warning is a near-term negative for profitability, although the article argues that the market reaction has overly discounted the underlying situation.

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