Werner Enterprises Q2: Why It Is Lagging The Market
WERNWerner Enterprises(WERN) Seeking Alpha·2024-08-22 03:55
IvanSpasic Thesis Since I wrote my analysis, “Examining Werner Enterprises 2023 Potential: A Cautionary Outlook,” in mid-April 2023, Werner Enterprises, Inc. (NASDAQ:WERN) stock has notably underperformed relative to the broader market. Seeking Alpha In my article, I pointed out several headwinds the company was facing from a shaky freight market that was dragging down income and margins. At the time, it looked like those “rough patches” were likely to stick around for the remainder of 2023. And since m ...