Rexel’s 2017 behaviour has left many stakeholders bewildered. The electrical goods distributor entered the New Year in a euphoric mood, riding on Trump’s ambitious infrastructure spending plans (further boosted by proposed tax cuts), and a gradual rebound in copper and crude prices. However, the stock turned turtle this April (slumped c.27% in just four months) despite witnessing better consumer demand and profitability during the year. Investors’ distrust is attributable to
16 Oct 2017
Amazon – the Elephant enters the room
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Amazon – the Elephant enters the room
Rexel SA (RXL:PAR) | 0 0 (-0.6%) | Mkt Cap: 4,449m
- Published:
16 Oct 2017 -
Author:
Ankush Kathuria -
Pages:
3
Rexel’s 2017 behaviour has left many stakeholders bewildered. The electrical goods distributor entered the New Year in a euphoric mood, riding on Trump’s ambitious infrastructure spending plans (further boosted by proposed tax cuts), and a gradual rebound in copper and crude prices. However, the stock turned turtle this April (slumped c.27% in just four months) despite witnessing better consumer demand and profitability during the year. Investors’ distrust is attributable to