Perplexing liner share prices

After global container shipping demand fell by 4.9% in Q1, a terrible Q2 was expected with volumes declining by as much as -20% to -25%. As that massive downfall in demand may prove only to amount to -15% to -18%, the A.P. Moller-Maersk share price jumps by 7%. What the hell? Moreover, Q2 ‘EBITDA before …

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