Expeditors – where history rhymes
Mellifluous
From Premium’s smell of blood in October to new records: it has been a hell of a ride for Expeditors (EXPD) in recent weeks.
Since 7 November, when it disclosed a mixed Q3 23 trading update, it has gained traction without leaving a cent on the ground in terms of capital appreciation.
Stunning.
Spare a thought for its detractors: seldom more expensive, based on its forward twelve months multiples – and when it was just as pricey as it is now (click to ...
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