Forward Air Corporation (FWRD)
NASDAQ (NGS) NASDAQ (NGS) Primary 
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Even with the stock market's impressive gains, there's no shortage of undervalued stocks if you know where to look. The recent correction has just scratched the surface of the tech sector.
Why Forward Air Stock Advanced in June
Forward shares are down big due to current market conditions and an unpopular acquisition. An activist is reportedly preparing to push the company to restructure or find a buyer.
Why Forward Air Stock Hit New Lows in May
Forward Air reported disappointing quarterly results, confirming investor fears about a questionable acquisition from earlier in the year. Both activists and new management are now racing to turn the company around.
Will Forward Air Stock See A Recovery After 75% Fall This Year?
The stock price of Forward Air (NASDAQ: FWRD), an asset-light freight and logistics company with operations in the United States and Canada, trades at $15 per share, about 90% below its peak level of $125 seen in January 2022. FWRD stock was trading at $92 in early June 2022, just before the Fed started increasing rates, and is now 84% below that level, compared to a substantial 40% gain for the S&P 500 during this period.
Activist Irenic Capital initiates a 5% stake in Forward Air: Should you buy the stock?
Forward Air (NASDAQ:FWRD) finds itself in the spotlight as activist investor Irenic Capital Management made a significant move, acquiring nearly 5% stake in the company, according to a report by the Wall Street Journal.
Activist Irenic Builds Stake in Trucking Company Forward Air
Irenic Capital Management has a position of nearly 5%, making it one of the trucking company's top shareholders.
