Comment / On the cards: Sinking CH Robinson

ID 11532211 © Maksym Filipchuk | Dreamstime.com

Sourced from my demo-only portfolio, the worst performer yesterday, 31 August, alongside RXO (-3.88%) in a flattish US market…

… CH Robinson stock (CHRW) collided with the levels of three months ago, when it suffered a lot due to the appointment of new CEO Dave Bozeman, formally disclosed on 6 June.

Why so? 

With a 52-week low only four bucks away, the Nasdaq-listed US firm was targeted by a sell-side bear, pointing to a bumpy road ahead. As a result, CHRW fell to ...