|Bid||12.75 x 900|
|Ask||16.70 x 4000|
|Day's Range||14.33 - 15.67|
|52 Week Range||12.61 - 16.94|
|PE Ratio (TTM)||61.29|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
U.S. Xpress Enterprises, Inc. (USX) (the “Company”) announced today that its Executive Chairman, Max Fuller, adopted a written purchase plan in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and the Company's policies regarding stock transactions (the "10b5-1 Purchase Plan") for the purchase of up to approximately $2.0 million of the Company's Class A common stock. The purchases covered by the 10b5-1 Purchase Plan are in addition to the approximately $28.2 million of the Company’s common stock purchased by Mr. Fuller and the Company’s CEO and President, Eric Fuller, since the date of the Company’s IPO.
U.S. Xpress Enterprises, Inc. announced today that it has closed its initial public offering of 18,056,000 shares of its Class A common stock and the full exercise of the underwriters’ option to purchase 2,708,400 additional shares, at an initial public offering price of $16.00 per share.
Enterprises Inc. went public again after more than a decade, its lower-than-expected offering price suggesting investor caution that freight demand could soon run out of steam. Its target price range was $18 to $20, according to a regulatory filing. U.S. Xpress shares closed higher at $16.68 per share on Thursday, the company’s first day of trading.
U.S. Xpress Enterprises, Inc. (“U.S. Xpress” or the “Company”) announced today the pricing of its initial public offering of 18,056,000 shares of Class A common stock, at a price to the public of $16.00 per share. U.S. Xpress is issuing and selling 16,668,000 shares and the selling stockholders named in the registration statement are selling 1,388,000 shares. The Company’s Class A common stock is expected to begin trading on The New York Stock Exchange under the symbol “USX” on June 14, 2018.