Wabash Shares Plunge on Weak Results

By Anonymous

Trailer maker says lower-than-expected sales and the impact of U.S. tariffs hurt quarterly profit

Shares in Wabash National Corp. plunged after the maker of truck trailers said it would miss internal forecasts for its third quarter because of lower-than-expected sales and higher costs related to U.S. trade policy.

The stock closed down 19% at $13.56 Friday, bringing its decline so far this year to 38%

Wabash National expects to report...