
FreightCar America stock drops 31.4% after removing 1,285 railcars from backlog, sparking fraud investigation.
FreightCar America disclosed on October 19, 2026, that it removed 1,285 railcars from its backlog after a customer was unlikely to fulfill contractual obligations, causing its stock to drop 31.4% to $4.02. This sharp decline has led Glancy Prongay Wo...





