Wayfair surges on double (JP Morgan) upgrade – 'tides have turned positive'
BARRON’S reports: Wayfair W +24.42% shares soared Monday after landing a double upgrade from a J.P. Morgan JPM +0.50% analyst arguing that “tides ...
If you jumped out of bed today without remembering what happened on Friday in US trading hours, and the previous sessions too, you may well have expected a refreshing day for transport and logistics (T&L) today from Europe.
Well, Europe-US “de-coupling no more” is the narrative promoted by some. “And you smell the blood,” one portfolio manager closely tracking T&L stocks remarked.
As we approached 11 am BST over here, we felt slightly relieved having started the day thinking it was almost as ...
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