Against the odds: Wonderful illusion – 'United' DSV & CH Robinson
It’s not what you think it is
The initial fall and subsequent rise of CEVA Logistics stock has been spectacular to watch since it started to trade on May 4. But it was nothing compared with this week’s 7% plunge of Deutsche Post-DHL, which wiped out over €3bn of market cap in just one trading session following a rather poor trading update.
At least CEVA had the excuse that its IPO was priced and wrapped up in one of the most volatile weeks of the year, given wild ...