There's already been quite a bit of media attention around the fact that Swift Transportation Company (Swift) agreed to a $4.4 million settlement to settle a class action lawsuit which alleged that the company failed to inform job applicants about ...
is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement.
Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Central Refrigerated, and Intermodal.
Swift Transportation Co (NYSE:SWFT) decline on Friday with the stock closing down 0.62% or $0.16 at $25.50 on low trading volume of 1.729 million shares, compared to its three month average trading volume of 1.94 million.
"We rate SWIFT TRANSPORTATION CO (SWFT) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.