Subscribe to Premium
Subscribe to Premium
Advanced Search
+

Comment / Unlucky 17: DSV dives to six-month low – who'd have thunk it?

ABL
ID 156369422 © Thomas Reimer | Dreamstime.com
By

You may remember our earlier ’I love my Nasdaq… erm, my DSV!’ coverage on 11 July ahead of Q2 23 numbers for the Danes.

Back then, DSV stock traded around a mighty level of Dkr1,440, boasting momentum, all set and ready to test a 52-week high of Dkr1,496.5.

Fast forward to the build-up to the next quarter, and it couldn’t get worse.

Since peak, it has now lost -17% of value and it looks like our Premium 11 July narrative – focused on ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    DSV Logistics on a steroid comedown AP Moller - Maersk Kuehne + Nagel Rates: the eternal tango

    Most read news

    Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration

    Forwarders 'being squeezed' as spot and contract rates move further apart

    Return to double-digit spot rate gains looms with new FAK hikes and surcharges

    MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar

    Idle containership fleet dips to pandemic era lows as carriers hunt tonnage

    Red Sea crisis dictates container fleet capacity trends

    Shipper fears resurface as Canadian rail workers renew vote for strike

    Airlines add transpac capacity as flood of ecommerce traffic continues

    Freighter aircraft: 'we are on the cusp of major change in large widebodies'

    MSC to launch Europe-Asia-North America service

    Kuehne + Nagel restructure – 'Paul was the one with the guts to do it'

    Indian importers turning to bulkers as box line capacity falters

    Former Flexport/Amazon execs launch tech start-up for forwarders

    Schenker race...Mærsk out – in the name of synergies, or the lack thereof

    News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy

    Container futures trading trend suggests no end to Red Sea crisis this year