| 2024-10-03 | +3.4 % |
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| 2024-09-30 | +0.56 % |
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| 2024-09-27 | +0.33 % |
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| 2024-09-26 | -0.32 % |
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| 2024-09-24 | +0.38 % |
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| 2024-09-10 | -0.42 % |
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| 2024-09-04 | -0.59 % |
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| 2024-08-07 | -0.69 % |
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| 2024-08-05 | -2.58 % |
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| 2024-07-31 | +1.66 % |
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| 2024-07-25 | -1.31 % |
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| 2024-07-23 | -10.97 % |
- PACCAR (NASDAQ: PCAR) stock declined by 10.97% following its Q2 CY2024 earnings report, which revealed a 2.1% year-on-year revenue decrease and a fall in earnings per share to $2.13, slightly below analysts’ expectations, coupled with significant declines in free cash flow, leading to overall negative market sentiment regarding its future performance.
- Paccar (PCAR) stock fell 11.0% due to a decline in second-quarter profits that missed analyst expectations, impacted by high capital spending, inflationary pressures, and softness in freight markets.
- PACCAR (PCAR) stock dropped by -10.97% after the company reported second-quarter earnings per share (EPS) of $2.13, which slightly missed the analyst estimate of $2.14, and revenue that also fell short of expectations, totaling $877 million compared to the consensus estimate of $8.33 billion.
- PACCAR Inc. (PCAR) stock dropped by 10.97% after the company reported second-quarter financial results that missed analysts' expectations for both sales and earnings per share.
- PACCAR (PCAR) stock fell 10.97% after the company reported earnings per share and revenue that missed analyst estimates for the second quarter of 2024.
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| 2024-07-22 | +1.16 % |
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| 2024-07-11 | +1.7 % |
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| 2024-06-26 | -2.06 % |
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| 2024-06-21 | -1.18 % |
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| 2024-06-14 | -0.35 % |
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| 2024-06-07 | -1.31 % |
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| 2024-06-05 | +3.84 % |
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| 2024-06-04 | +0.43 % |
- The article discusses how a joint venture between Accelera by Cummins, Daimler Truck & Buses US Holding LLC, and PACCAR, now known as Amplify Cell Technologies, is focusing on localized battery cell production in the U.S. for electric commercial vehicles, leading to a 0.43% increase in PACCAR (PCAR) stock. Amplify's construction of a factory in Mississippi and the strategic partnership with leading companies in the industry, like Cummins and Daimler Truck, has driven investor confidence and interest in PACCAR stock.
- The article describes that PACCAR (PCAR) stock went up by 0.43% after it was announced that PACCAR, along with Cummins Inc. and Daimler Trucks & Buses US Holding, have formed a joint venture named Amplify Cell Technologies to localize battery cell production in the U.S., aiming to advance zero-emissions technology for electric commercial vehicles and industrial applications, which indicates investor optimism due to the potential growth from this strategic collaboration.
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| 2024-05-31 | +1.65 % |
- The article discusses how Steward Partners Investment Advisory LLC raised its holdings in PACCAR Inc (NASDAQ:PCAR) by 0.7% in the 4th quarter, leading to an increase in the stock value by 1.65% last night; the stock value goes up due to increased investments from various institutional investors and hedge funds, particularly Steward Partners Investment Advisory LLC's recent increase in holdings in PACCAR.
- Summary: Parallel Advisors LLC reduced its holdings in PACCAR (PCAR) stock by 4.8%, leading to a 1.65% increase in the stock price, with several other institutional investors adding to their positions, while analysts raise target prices and ratings for the company following positive quarterly earnings results, including revenue surpassing expectations and an increase in dividends and earnings per share.
Reason for Stock Increase: The increase in PACCAR (PCAR) stock can be attributed to positive quarterly earnings results, with the company reporting higher-than-expected earnings per share, revenue growth, and an increase in dividends, prompting analysts to raise target prices and ratings for the stock.
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| 2024-05-29 | -2.51 % |
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| 2024-05-23 | +0.5 % |
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| 2024-05-21 | +0.17 % |
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| 2024-05-16 | -1.99 % |
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| 2024-05-08 | +0.42 % |
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| 2024-05-07 | +1.38 % |
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| 2024-05-06 | +0.34 % |
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| 2024-04-30 | -6.63 % |
- Paccar (PCAR) stock went down by -6.63% due to a fag-end sell-off wiping out early gains, with IT and power stocks affecting the market amid a mixed trend in global markets.
- Summary: PACCAR Inc announced the election of new directors, Mr. Pierre Breber and Mr. Brice Hill to their Board, which is effective from July 1, 2024.
Reason for Stock Decline: The decline in PACCAR (PCAR) stock price may be due to various factors such as market sentiment, economic conditions, the overall performance of the company, or specific events related to the company's operations.
- The article discusses how PACCAR (PCAR) stock experienced a decline of 6.63% after the company beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024. The stock went down likely due to the disappointment in revenue performance.
- Paccar (PCAR) stock was down -6.63% last night, and the article discusses how autonomous trucking technology from Aurora Innovation can increase energy efficiency and reduce emissions in the freight and logistics industry, leading to potential environmental benefits and cost savings for carriers, as well as supporting climate change mitigation efforts. The stock may have gone down due to broader market fluctuations, investor sentiment, or other external factors influencing the stock price.
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| 2024-04-24 | +0.37 % |
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| 2024-04-23 | +0.66 % |
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| 2024-04-19 | -2.26 % |
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| 2024-04-18 | -1.87 % |
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| 2024-04-17 | -1.37 % |
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| 2024-04-16 | -0.41 % |
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| 2024-04-15 | -0.12 % |
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| 2024-04-12 | -0.61 % |
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| 2024-04-11 | +0.16 % |
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| 2024-04-09 | -2.72 % |
- The article discusses the recent activity around PACCAR Inc (NASDAQ:PCAR) stock, indicating a 2.72% decrease in its value, with institutional investors increasing their positions in the company, and several analysts providing ratings and price targets on the stock; the stock decline might be attributed to various factors such as insider selling, overall market conditions, or changes in investor sentiment towards the company.
- The article discusses how International Assets Investment Management LLC has significantly increased its holdings in PACCAR Inc (NASDAQ:PCAR), with other large investors also adding to their stakes in the company, while CFO and other insiders have sold shares recently. PACCAR stock went down, possibly influenced by the high volume of insider selling, which could have led to investor concerns, impacting the stock negatively.
- Summary: BSW Wealth Partners acquired a new position in PACCAR Inc (NASDAQ:PCAR) stock, while other institutional investors have also bought shares recently; analysts have provided varied ratings on the stock, with UBS Group upgrading it to a "buy" rating. The stock experienced a decline of 2.72% on the last trading day.
Reason for Stock Decline: The decrease in PACCAR's stock price could be due to the recent selling of shares by insiders, such as SVP Kevin D. Baney and Chairman Mark C. Pigott, which totaled a significant value, equating to a portion of the stock owned by corporate insiders.
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