Alert: Major Price Advance (8/13/24)-FreightCar America Inc (NASDAQ: RAIL).

FreightCar America Inc (NASDAQ: RAIL) stock closed at $4.17 on 8/13/24 after a major increase of 16.8%. Moreover, exceptionally high trading volume at 1385% of normal accompanied the advance. The stock has risen 33.7% during the last week and has been exceptionally strong relative to the market over the last nine months.

With future capital returns forecasted to be below the cost of capital, RAIL is expected to be a major Value Eraser.
FreightCar America is currently unrated.
The stock is currently unrated.