🔴 Radiant Logistics is trading 6.1% down today; catalyst unclear

Radiant Logistics is trading 6.1% down at $9.21, with the catalyst unclear after its September 15 rise.

• Shares rose 19.49% to $9.81 on September 15.
• The September 14 earnings release reported fourth-quarter revenue of $261.4 million and adjusted EBITDA of $10.4 million.
• No new negative company-specific announcement explaining the September 16 decline was identified; the S&P 500 and Nasdaq are higher.