Hub Group announces leadership changes; shares fall
HUBG•Shares fall after leadership changes
- Shares of logistics provider Hub Group HUBG.O fall more than 10% to $32.37 premarket
- Executive Chairman David Yeager returns as Chairman and CEO of the company
- The company names Patrick O'Donnell new CFO, effective after the 2025 10-K filing
- The company anticipates reporting an operating loss for the first half of 2026 before the impact of one-time charges.
Broker views and recent stock performance
- Five of 13 brokerages rate the stock "buy", seven "hold" and one "strong sell"; median PT at $44, according to data compiled by LSEG
- As of last close, the stock has fallen 15.42% year to date
