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I imagine the stock of CMA CGM would have held steady on Monday, if only the French carrier had been a listed company. It could have even risen 2% or so in after-hours on Friday, when it released its interim after the bell, if it had been a company quoted on a major US exchange.
It didn’t happen, simply because CMA CGM is a private carrier, and I am not ready to speculate whether the situation will change anytime soon. More importantly, though, this earnings season told ...
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