On June 2, Full Truck Alliance rose 5.27% in regular trading, trading at $9.525/share, with trading volume of $20.88 million. The stock outperformed the broader Cargo Ground Transportation sector, which trended weaker during the same period.
On the news front, Full Truck Alliance previously reported Q1 earnings showing fulfilled orders reached 55.04 million, up 14.3% year-over-year. Commission order penetration rate exceeded 94%, an increase of approximately 9 percentage points year-over-year. Excluding the declining freight brokerage business, net revenue reached RMB 2.02 billion, up 17% year-over-year. Although net profit declined 22.3% to RMB 994 million, market attention focused on the platform's continuously strengthening monetization capabilities and the high growth rate of core transaction commission business.
Within the Cargo Ground Transportation sector, the overall sector declined. Among individual stocks, Knight Transportation down 0.2%, Old Dominion Freight Lines down 0.35%, JB Hunt Transport down 0.47%, Saia down 0.66%, XPO Logistics down 0.9%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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