U.S. Xpress Enterprises: Plunges on Q3 results miss
02/11/2018 17:09
** Transportation company's shares USX.N plunge 35.5 pct
to record low of $6.54 after Q3 revenue, profit miss estimates
** 2nd biggest pct loser across U.S. stocks
** Company says market for drivers remained challenging
through Q3, which resulted in a slight decline in average
tractor count vs Q2 urn:newsml:reuters.com:*:nBwc4V6LLa
** Stock, last down 31 pct, has lost 56 pct from IPO price
of $16 in June
(Reporting by Amy Caren Daniel in Bengaluru)
((Reuters Messaging:
Amy.CarenDaniel.thomsonreuters.com@reuters.net;))
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