Comment / $5.5-31.1/share Freightos – fairness of opinions

ID 11919055 © Yukchong Kwan | Dreamstime.com

Let’s observe the recent price action of the freight booking platform (CRGO) that got away with a successful float last month, an update to our previous 27 January insight: ’Up to $1.5bn Freightos debut – let that sink in’.

(There’s a lesson or two, I think, from the build-up to the market listing to where we are now.)

Yesterday’s range of $5.52-7.25 a share, yielded a new record low at the end of the CRGO intraday range.

Since it started trading following its ...