RXO (RXO) Surges 6.3%: Is This an Indication of Further Gains?

RXO (RXO) shares soared 6.3% in the last trading session to close at $16.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.4% gain over the past four weeks.RXO was recently added to the Russell 2000 Value Index, contributing to the uptick.This transportation services provider is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of -33.3%. Revenues are expec ...