Old Dominion Stock Down 8% in Six Months: What's Next for Investors?

Shares of trucking company, Old Dominion Freight Line (ODFL) , have not had a good run lately, declining 8.2% in the past six months. While ODFL has performed better than its industry, the stock's performance was worse than the S&P 500 index, of which it is an integral part. Six-Month Price Performance Image Source: Zacks Investment Research Let's take a look at the factors responsible for the disappointing price performance. Freight Market Downturn: Old Dominion is being hurt by reduced demand for freight ...