By Colin Kellaher PFSweb shares surged in early trading Thursday after the e-commerce order-fulfillment platform agreed to be acquired by contract logistics.
GXO has expanded into high-end verticals with its acquisition of PFS Web. The post GXO acquires luxury goods fulfillment provider PFSweb appeared first on FreightWaves.
Shares of PFSweb, Inc. (PFSW) are up 48% on Thursday due to the company's announcement of an acquisition agreement with GXO Logistics, Inc. PFSW is trading on the Nasdaq at $7.
GXO Logistics (NYSE:GXO – Get Free Report) and bpost NV/SA (OTCMKTS:BPOSY – Get Free Report) are both industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, profitability, earnings, institutional ownership and dividends. Volatility and Risk GXO Logistics has a beta […]
Moore Capital Management LP raised its holdings in GXO Logistics, Inc. (NYSE:GXO – Free Report) by 6.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,000 shares of the company’s stock after buying an additional 7,500 shares during the period. Moore Capital Management […]