Freightcar America (RAIL) Surges 10.8%: Is This an Indication of Further Gains?
RAILFreightCar America(RAIL) ZACKS·2024-09-12 19:45

Freightcar America (RAIL) shares rallied 10.8% in the last trading session to close at $9.47. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 105% gain over the past four weeks.The company has performed very well on the bourse this year. Shares have surged 251% year to date. Higher railcar deliveries are boosting the company's top line, which increased 66% year over year in second-quarter 2024. RAIL's focus o ...