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Actionable news in WERN: Werner Enterprises, Inc.,

Trucking And Rail Stocks React To Low Guidance From Their Peers

Trucking And Rail Stocks React To Low Guidance From Their Peers - Werner Enterprises, Inc. NASDAQ:WERN, Canadian Pacific Railway Limited NYSE:CP

Werner Enterprises Inc WERN 9.6% and Canadian Pacific Railway Limited CP 2.42%, two big names in freight, both released cuts to earnings guidance. Investors expected “sympathy moves” from other names in trucking and rail, and rightfully so.

Trucking names moving in step with Werner Tuesday:

Rail stocks dipping after CP’s guidance cut:

Interestingly, Kansas City Southern KSU 0.39% shares were bucking the rail trend at midday, up 0.46 percent.

Shares of Werner and Canadian Pacific were down 9.89 percent and 2.09 percent, respectively, at midday.

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