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Daseke Inc - DSKE STOCK NEWS

Welcome to our dedicated news page for Daseke (Ticker: DSKE), a resource for investors and traders seeking the latest updates and insights on Daseke.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Daseke's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Daseke's position in the market.

Rhea-AI Summary
Daseke, Inc. (NASDAQ: DSKE) has entered into a definitive agreement to be acquired by TFI International Inc. (NYSE and TSX: TFII) in an all-cash transaction valued at approximately $1.1 billion. Daseke common stockholders will receive $8.30 per share in cash, representing a 69% premium to the last reported sale price and an 82% premium to the 30-trading day VWAP. The transaction is expected to close during the second quarter of 2024, subject to Daseke common stockholder approval, regulatory approvals, and other customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
64.97%
Tags
-
Rhea-AI Summary
Daseke, Inc. (NASDAQ: DSKE) reported Q3 2023 financial results, with a $20 million term-loan repayment, enhanced operational productivity, and executed One Daseke initiatives. Despite a modest decline in revenue and net income, Daseke maintained significant liquidity of $189 million and improved net cash provided by operating activities to $34 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
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none
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Rhea-AI Summary
Daseke, Inc. will hold a conference call on November 9th to discuss its second-quarter financial and operational results. Participants can join via a listen-only mode or dial in by phone. Presentation slides will be available on the Company's Investor webpage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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Rhea-AI Summary
Daseke reports strong cash generation and improvement in financial metrics. Q2 revenue of $407M, net income of $6M, and adjusted net income of $12M. Operating ratio improved to 95%. Maintained liquidity of $198M. 2023 outlook assumes no improvement in freight market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.87%
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none
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Rhea-AI Summary
Daseke, Inc. (NASDAQ: DSKE) will hold a conference call on August 3rd at 11:00 AM ET to discuss its second-quarter financial and operational results. Participants can join via a listen-only mode or by phone. Presentation slides will be available on the Company’s Investor webpage, and a replay of the call will be accessible afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.67%
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management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.44%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.04%
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none
Daseke Inc

Nasdaq:DSKE

DSKE Rankings

DSKE Stock Data

391.29M
39.57M
17.54%
68.87%
1.79%
General Freight Trucking, Local
Transportation and Warehousing
Link
US
Addison

About DSKE

daseke is working to build north america’s premier open deck /specialty transportation company. our family of companies is the second largest flatbed/open deck trucking company and fifty ninth overall largest trucking company in north america; the daseke family includes smokey point, e.w. wylie, j. grady randolph, central oregon truck company, lone star transportation and the boyd companies — including boyd bros. transportation, wti transport and mid seven transportation. all our companies share a commitment to serve, while remaining true to their autonomous spirit and mission. we offer premier open-deck/specialty transportation services in 49 u.s. states, canada and mexico. we have a variety of open deck /specialty transportation services including truckload, partial, expedited/team partial and truckload, over dimensional, intermodal flat rack, and full service logistics. our specialized, experienced and diverse open deck trailers allows us to serve many industry sectors including a