Daseke: Slides to record low on 2019 forecast cut

Daseke

05/08/2019 15:39

** Transportation services provider's shares  DSKE.O 
plunges as much as 26.35% to a record low of $2.60 in early
trading after cutting 2019 forecast to reflect weaker market
conditions in flatbed market
    ** DSKE, which is among the top pct losers across
U.S.-exchanges, is set for its worst day ever
    ** Q2 revenue misses estimates for the first time in 8
quarters  urn:newsml:reuters.com:*:nGNXFFX6S
    ** Stock, last up 24%, has fallen 27% this year 

 (Reporting by Amy Caren Daniel in Bengaluru)
 ((Amy.CarenDaniel@thomsonreuters.com))