Comment / 'Shock in Copenhagen' – $6.3bn down the swanny

It’s quite unusual for a company whose stock suffers greatly on the day its results are out, like DSV on Tuesday 25 July, to be absolutely hammered again only three days later. Like DSV has been today, 28 July.

Without knowing exactly why weakness suddenly emerged with a bit of a time lag on the numbers, its stock traded as low as Dkr1,300 at the beginning of today’s session, currently looking to stop the bleeding at Dkr1,330, down -5.6%.

Against its intraday ...