Shares of Matson Inc (MATX) are trading -11% lower at a price of $81.19 at the time of this writing.
- Matson downgraded Stifel to Hold despite solid earnings
Matson Inc has been trading between a 52-week high of $124.92 and a 52-week low of $66.1. The stock has a market cap of $3.29 Billion.
Founded in 1882, Matson is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates two premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia.
Headlines
Stifel Downgrades Matson, Inc. to Hold
Investing.com 08-02-22
Matson, Inc. (MATX) CEO Matt Cox on Q2 2022 Results - Earnings Call Transcript
Seeking Alpha 08-01-22
Matson declares $0.31 dividend
Seeking Alpha 08-01-22
Matson GAAP EPS of $9.49, revenue of $1.26B (NYSE:MATX)
Seeking Alpha 08-01-22
Shipping Stocks: Matson, Danaos Earnings Due As Demand For Goods Wobbles
Investor''s Business Daily 08-01-22