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News  ›  The Motley Fool

Why Custom Truck One Source Stock Tanked on Tuesday

The Motley Fool Logo The Motley Fool By Eric Volkman
Why Custom Truck One Source Stock Tanked on Tuesday

Custom Truck One Source experienced a stock decline of nearly 11% after reporting Q3 financial results that missed analyst expectations, despite showing revenue growth and narrowing net losses.

Insights
PLTR   neutral

Mentioned as part of coordinated AI governance efforts


CTOS   negative

Stock dropped 10.68% after missing analyst revenue and earnings estimates, despite 8% year-over-year revenue growth and narrowing net losses. Management's forward guidance suggests potential future growth in data center and utility grid investments.