C.H. Robinson (CHRW) falls as earnings targets missed
Posted on February 06, 2013 at 10:50 AM EST
C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) shares plummeted 9.6% to $60.60. The transportation and logistics company‘s adjusted fourth-quarter earnings missed expectations, while earnings more than doubled on trucking demand and stronger revenue from acquisitions. Share volume was 2.6 million, better than double its all-day average