Forward Air Corp. Hits Day Low of $25.02 Amid Price Pressure

Forward Air Corp. experienced significant volatility on February 23, 2026, with the stock declining by 9.0% and reaching an intraday low of USD 25.02. This performance marks a stark contrast to the S&P 500, which saw a modest gain of 0.69% on the same day. Over the past week, Forward Air has dropped 5.71%, and its one-month performance reflects a decrease of 9.03%. Year-to-date, the stock has managed a slight gain of 1.12%, but this is overshadowed by a one-year decline of 9.5%. The three-year performance reveals a substantial drop of 75.87%, while the five-year and ten-year metrics show a decline of 70.15%. Financially, Forward Air's recent quarterly results indicated a net profit loss of USD 12.58 million, a staggering 112.7% decrease. The company's debt-equity ratio stands at a high 1,362.08%, indicating a significant reliance on debt. With a market capitalization of USD 869 million, Forward Air continues to face challenges in maintaining its market position within the transport services industry.