(Updates with share movement in the headline and first paragraph.)
Hub Group (HUBG) shares fell more than 19% Tuesday after it filed a late notice with the US Securities and Exchange Commission to delay submitting its Q2 report.
The delay stems from ongoing restatements of its 2023, 2024, and 2025 financial results, and the company aims to submit its 2025 annual report alongside its Q1 and Q2 filings on or before Sept. 14, it said.
Rising fuel, rail, and drayage expenses weighed on H1 operations amid growth in its Final-Mile business, Hub Group said.
Price: $38.14, Change: $-9.21, Percent Change: -19.45%