Wabash National Corporation WNC

Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.

As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the heavy transportation equipment industry, including Wabash (NYSE:WNC) and its peers.

A number of stocks traded up in the afternoon session after Treasury yields eased and crude oil prices fell amid U.S. and Iranian talks on reopening the Strait of Hormuz.