Comment / A sign of the times as record Knight-Swift remains 'very active in M&A'

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It was in July 2021 when, carefully looking at Phoenix-based trucking and logistics firm Knight-Swift (KNX), its stock in the high-$40s, we highlighted this palatable strength-to-strength growth story –> then reiterating a bullish view at the end of that year, while flagging what a cool broken record it was in Q4 22.

Thursday 26 January 2023 came, the day its unaudited Q4/annual numbers were released after the market closed, and the first headline I sighted didn’t bode well for the narrative – ...