Why WEX (WEX) Stock Is Trading Lower Today
Update: 2025-10-31
Description
WEX shares drop despite strong Q3 results, as UBS lowers price target due to trucking industry concerns. Despite beating expectations, investors remain cautious about the Mobility segment's future. WEX's stock has been volatile, with a 16.6% decline this year, and a 23% drop from its 52-week high. Investors weigh the opportunity to buy at a discount against the company's ability to overcome industry challenges and regain its former glory.
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