Rival LTL players snap up Yellow terminals in $1.9bn auction
Speculation about a new entrant in the US less-than-truckload (LTL) market on the back of ...
Last week I wrote that, based on conservative DCF assumptions, value investors should be jumping for joy if the shares of XPO Logistics, which traded in the high $70s only a few days ago, hit the high $60s.
In case you have not noticed, XPO stock is plummeting, with a new one-year low recorded earlier today.
(Source Seeking Alpha)
Is this a bargain?
Who knows, although half position (if you have a $1 budget, you invest $0.50 now) for a speculative retail investor could ...
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