New York 8/4/2011 1:59:02 AM
News / Stocks

Transportation Stocks Going Downhill (XPO) (OSG) (GOL) (RJET) (TNP) Reports Hotstockmarketalerts.com

Shares of Express-1 Expedited (XPO) dropped sharply by 5.81%, falling to $3.73 in today's trading. The move occured on volume of 483,697 which is relative to the 402,608 shares which trade on average each day. This high volume usually confirms the trend in the movement of the stock price.

Overseas Shipholding (OSG) shares fell off a cliff in today's trading. The stock was down 7.38%, moving down to $21.6 per share. 2 million shares were traded so far in today's session. On average, a total of 763,098 shares are exchanged in OSG each day. This high volume usually confirms the trend in the movement of the stock price.

Gol Linhas Aereas (GOL) shares dropped $0.09 per share or 1.17%, falling to $7.6. In the last 12 months, Gol Linhas Aereas has seen a high of $18.66 and a low of $7.56 per share.

Republic Airways Hldgs (RJET) got clobbered by 6.09%, falling to $4.01 per share. In the last 12 months, Republic Airways Hldgs has seen a high of $9.58 and a low of $4.18 per share.

Tsakos Energy Navigation dropped $0.35 per share or 4.0%, falling to $8.4. The move occured on volume of 109,847 which is relative to the 124,475 shares which trade on average each day.