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Shipping Stocks That Soared After the Election Have Now Tanked

Republican U.S. president-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Carlo AllegriBy Julie Verhage (Bloomberg) — Almost as quickly as it happened, it was gone. Shortly after President Donald Trump was elected on Nov. 8, the Stock prices of a slew of shipping companies soared by more than 1000 percent on hopes that commodity prices would rise and U.S. manufacturing would rebound, spurring a surge in […]

The post Shipping Stocks That Soared After the Election Have Now Tanked appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Shipping Stocks That Soared After the Election Have Now Tanked

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