Conf call redux: AP Møller-Maersk's recipe for success? It's Gemini, stupid!
Some pain and some gains, it’s all written in the stars
Reaction in the financial markets said it all when AP Møller-Maersk Group (APMM) and Hapag-Lloyd reported their quarterly figures on 7 and 14 November respectively.
APMM stock fell 7% in just one trading session, while Hapag shares soared over 10% at one point soon after its trading update was published. But that rally was short-lived and the hefty paper gains were swiftly pared in less than 24 hours.
Volatility in their share prices is not just a nuisance for the trade. It ...
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