Mr Joy's round-up – make your play in the Game of Logistics
Time to hit it out of the park… or cop a hospital pass
Tuesday was a fun day.
Expeditors stock skyrocketed in early trade as the Seattle-based 3PL set a new all-time high of $81.15 following the release of its third-quarter (Q3) trading update.
Its financial performance had something to do with it, but I reckon it was a fantastic opportunity for those who had been long the shares close to the $80s a share mark since the previous records of September, to trim their positions.
Any incremental returns from here remain arguably harder to achieve, ...
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