Old Dominion Freight Line Inc. Making Surprising Moves in Tuesday Session

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) has drawn significant attention from investors due to its strong price movement today. The company’s shares rose by 4.81%, reaching $177.48.

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier across the United States and North America. It provides a range of LTL services on regional, inter-regional, and national levels, including expedited transportation. Additionally, the company offers various value-added services such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, Old Dominion Freight Line managed a fleet consisting of 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers.

Today, around 1.37 million shares of Old Dominion Freight Line have been traded, compared to an average 30-day volume of 1.82 million shares.

Over the past 52 weeks, the share prices of Old Dominion Freight Line have fluctuated between a high of $227.8 and a low of $149. Despite today’s gains, the stock has experienced a slight decline of 1.15% over the past week.

 

DisclaimerThis content was partially produced with the help of AI tools and was reviewed and published by IBN editors.

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