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« Happy August | Main | Too Much for Whole Foods » August 1, 2006 Expeditors International Is Getting SlammedThe transportation stocks have been getting punished hard lately. Today's victim is our very own Expeditors International (EXPD). The company reported earnings today of 25 cents a share, which was just a penny below expectations. The stock is currently down $6 a share, or over 13%. Frankly, the stocks strong rally during the first half of the year pushed it into overpriced territory, so some selling was due. Posted by edelfenbein at August 1, 2006 2:55 PM |
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