Unsold GXO – Vertical integration in logistics? You must be kidding
Forget that myth
SATS + WFS in a nutshell: Wednesday was the day of the gods but on Thursday came the reality check from the plebs. Was joining forces with Worldwide Flight Services (WFS) a good idea, after all?
The stock of the Singaporean firm was down 21% at closing, hitting a new 52-week low of S$2.96, closing at S$3.07. That’s how its performance read after its “request for lifting of trade halt” was filed yesterday. Quite sadly, even the sky and thunder god couldn’t ...
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