Con-way Inc. (CNW) reported third quarter EPS of $0.39 after the close Tuesday, which fell short of the consensus estimate of $0.52.
Con-way Inc. gapped open lower Wednesday and sharply declined in early trade. Shares finished down by $3.29 at $29.33 on the highest volume in over 3 months. The stock has been losing ground for the last 3 weeks and closed at over a 5-month low.
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