FreightCar America Inc. (RAIL) shows signs of weakness after a poor Q3
By Mark Moneymaster
November 06, 2009 2:04 PM
November 06, 2009 2:04 PM
FreightCar America Inc (NASDAQ: RAIL) nosedived on Friday by mid-day trades after it posted lower quarterly results.
FreightCar America Inc. (RAIL) stock could now find its support at lower level around $19, after falling on strong volumes on Friday.
FreightCar America Inc. (RAIL) slipped by $4 to $21.6, after missing on analysts' expectations due to continued weakness in the railcar market, and lack of fresh orders during the period.
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