Comment / Prep for Freightos

ID 108350918 © Teodor Lazarev | Dreamstime.com

Swings.

Now worth a tiny little fraction of its peak value on debut in late January and down 75% from IPO in Q1 23, Freightos stock (CRGO) rose about 22% to $2.5 last Friday in a weak market overall.

The likely catalyst?

You read it here:

“Freightos (Nasdaq: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, (…) will report its financial results for the Q1 2023 fiscal quarter on Tuesday, May 23, 2023. Freightos’ management will host a webcast and conference call ...