Wabash Stock Falls On Unusually High Volume (WNC)

NEW YORK ( TheStreet) -- Wabash National Corporation (NYSE: WNC) is trading at unusually high volume Wednesday with five million shares changing hands. It is currently at four times its average daily volume and trading down $1.09 (-10.1%) at $9.75 as of 12:48 p.m. ET.

Wabash has a market cap of $734 million and is part of the consumer goods sector and automotive industry. Shares are down 8.5% year to date as of the close of trading on Tuesday.

Wabash National Corporation engages in the design, manufacture, and marketing of standard and customized truck trailers and related transportation equipment primarily in North America. The company operates in two segments, Manufacturing, and Retail and Distribution.

TheStreet Ratings rates Wabash as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and feeble growth in its earnings per share. You can view the full Wabash Ratings Report.

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