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Marriott Vacations, Wabash, SmartRent, Vestis, and Tandem Diabetes Stocks Trade Up, What You Need To Know

VAC Cover Image

What Happened?

A number of stocks jumped in the afternoon session after a new trade agreement between the United States and Japan spurred a broad market rally. The positive sentiment swept across markets after it was announced the U.S. and Japan had reached a new trade deal. The agreement included a 15% tariff on Japanese goods imported into the U.S. and a commitment from Japan to invest $550 billion in the U.S. and open its markets to American cars and agricultural products. This development boosted investor confidence and contributed to a widespread rally, lifting stocks across many sectors. The Dow Jones Industrial Average and the S&P 500 both posted gains, creating a favorable environment that likely benefited individual stocks.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Zooming In On Wabash (WNC)

Wabash’s shares are extremely volatile and have had 30 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 3 months ago when the stock dropped 30.5% on the news that the company reported underwhelming first quarter 2025 results: Revenue and EPS in the quarter missed. Its full-year revenue guidance missed significantly and its full-year EPS guidance fell short of Wall Street's estimates. A key concern was the steep 26% decline in Transportation Solutions revenue. Overall, this was a weaker quarter.

Wabash is down 36.3% since the beginning of the year, and at $10.83 per share, it is trading 52% below its 52-week high of $22.55 from July 2024. Investors who bought $1,000 worth of Wabash’s shares 5 years ago would now be looking at an investment worth $932.38.

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