🔴 Blue Bird is trading 4.5% down today on profit-taking after hitting new highs

Blue Bird is trading at $72.60 (down 4.5%) as shares undergo consolidation following a significant rally to new highs last week.

• The recent upward momentum was fueled by Barclays raising its price target and issuing an Overweight rating, which pushed the stock to record levels.
• With no fresh company-specific news reported this morning, the pullback appears to be driven by short-term profit-taking rather than a change in fundamental outlook.
• The move comes as broader markets remain mixed, with the stock stabilizing after its recent period of analyst-driven outperformance.