Making sense of the sheer Amazon LTL nonsense
Thank the pros
Last week’s financial report by activist investor Spruce Point Capital, which made a series of claims about XPO Logistics that led to a dramatic decline in its share price, has been heavily criticised by other Wall St financial analysts.
The company’s share price has since rebounded 25% after a series of banking analysts claimed the note was an attempt to short sell XPO’s stock.
“There are enough inaccuracies in the report, and highly misleading analysis-especially with respect to the cash flow- to ...
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Comment on this article
Howard Schweizer
December 18, 2018 at 10:22 pmSource Point Capital is FAKE NEWS!