Unsold GXO – Vertical integration in logistics? You must be kidding
Forget that myth
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If there is a bit of justice in the finance world, GXO Logistics yesterday got back a bit of what it deserved in previous weeks on the stock market thanks to solid results that from the onset, in after-hours trade on Tuesday, pushed up its (still rather depressed) valuation closer to $40 a share.
As management proudly kept talking up their value proposition and a pipeline-driven story expected to deliver expanding margins over time, I duly congratulated (here) rampant chief investment ...
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