Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
ID 5616680 © Nikita Rogul | Dreamstime.com
… in just about 800 words. Where to start is straightforward.
I regret having to type “I told you so” but I told you so. Yes, quite inevitably, CH Robinson’s accelerating fall is on Premium’s mind today.
Its $121.23-a-share all-time high of 25 August is all but a distant memory.
But that’s not the factor that hurts most, as its stock (CHRW) changed hands at $93.4 – its closing price on Wednesday 19 October – on strong reported volumes. No, what really sucks is that ...
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