Comment / Against the odds: AP Møller-Mærsk – better to be safe than sorry

Very few rallies ever last long enough to deserve perennial credit regardless of the underlying asset in question. It does sometimes happen though.

In shipping, what about Denmark’s AP Møller-Mærsk (APMM) (B) stock?

For one thing, it ain’t boring anymore.

New record 

In case you missed it on the day, courtesy of the Financial Times’ key stats section:

“On Friday, AP Moeller ? Maersk A/S (MAERSK B:CPH) closed at 17,100.00, -0.12% below its 52-week high of 17,120.00, set on May 21, 2021.”

APMM is now competing ...