FreightCar America’s Spectacular Ride: From Staggering Gains to a Sudden Plunge
FreightCar America, Inc. (NASDAQ:RAIL) experienced a 720% stock rise over the past five years, capturing investors’ attention. Recently, the stock dropped by 52% in a month, prompting concerns about overvaluation and market adjustments. Despite lacking profitability, FreightCar America’s 26% annual revenue growth
