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

ID 156369422 © Thomas Reimer | Dreamstime.com

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 ...