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Saia's stock hit a 52-week high on strong earnings and market momentum, despite a slight year-over-year revenue decline.
Saia (SAIA) shares rose 8.04% to $361.80 on Monday, reaching a 52-week high near $538.03, driven by broader market momentum rather than company-specific news.
The stock traded between $334.87 and $362.11 with slightly above-average volume.
The company reported strong fourth-quarter earnings of $2.81 per share, beating estimates, and revenue of $839.64 million, surpassing expectations, though down 0.3% year-over-year.
Analysts maintain a "Hold" rating with a $345.35 average target.
Saia, based in Georgia, provides less-than-truckload freight services across North America.
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Las acciones de Saia alcanzaron un máximo de 52 semanas gracias a fuertes ganancias y el impulso del mercado, a pesar de una ligera disminución de los ingresos año tras año.