Why did Hub Group stock drop sharply in February 2026?

Hub Group shares fell about 25% after the company disclosed a $77 million accounting error tied to purchased transportation costs, announced a restatement of prior financial results, and delayed filing updated financial statements.

What is Faruqi & Faruqi investigating about Hub Group?

The firm is investigating whether Hub Group made misleading financial disclosures or failed to maintain adequate accounting controls before revealing a significant accounting error and restating prior results.

What was the accounting error disclosed by Hub Group?

Hub Group reported a $77 million error involving purchased transportation costs and accounts payable, which required correction through a restatement, even though the company said cash flow was not affected.

How do accounting restatements impact Hub Group investors?

Restatements can undermine confidence in a company’s financial reporting and internal controls, often leading to stock declines as investors reassess risk, transparency, and management oversight.

Who may be eligible to participate in the Hub Group investor investigation?

Investors who purchased Hub Group stock or options and suffered losses following the accounting error disclosure, restatement announcement, or filing delays may be eligible to explore potential legal options.

Hub Group, Inc. - Faruqi & Faruqi LLP

Hub Group, Inc.

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If you are a Hub Group investor who suffered a loss and would like to learn more, you can provide your information below

If you suffered significant losses in Hub Group stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ: HUBG).

Stock Drop: On February 6, 2026, Hub Group shares fell sharply, after the logistics company disclosed a $77 million accounting error related to purchased transportation costs and accounts payable, prompting a restatement of prior financial results. The company said the error did not impact cash flow, but investors reacted negatively to the disclosure, sending the stock down as much as roughly 25% intraday. The announcement coincided with the release of preliminary fourth-quarter and full-year 2025 results and a delay in filing updated financial statements.

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Hub Group, Inc.

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