ODFL Soars 6.11%, Market Cap Increases by $3.2 Billion to $49.7 Billion
By ATTN Desk · Editorial oversight: Sean Han
The shares of Old Dominion Freight Line (ODFL), listed on the Nasdaq, closed at $239.00, up 6.11%.[1] This pushed its market capitalization to approximately $49,704,352,000, adding roughly $3,234,568,012 in a single day.[1] This reflects a significant upward adjustment in the company’s value and the valuation of shareholders’ equity over a short period.
The sharp rise in the share price and market cap this week has not been linked to any specific disclosures such as filings or announcements, and trading took place on the Nasdaq.[1] Daily trading volume was recorded at 1,115,207 shares.[1]
| Category | Value |
|---|---|
| Closing Price | $239.00 |
| Price Change | +6.11% |
| Market Capitalization | $49,704,352,000 |
| Market Cap Change | +$3,234,568,012.78 |
| Exchange | NAS |
| Volume | 1,115,207 shares |