It’s been a volatile few weeks since Q1 ended, but the STB share has now clawed back the post-liberation day drop and is essentially back to where it was in late March. Similarly, while a quick model refresh yielded mid-single digits lower estimates in early April, market input as of today yields relatively unchanged estimates for our part. With a very large balance sheet mainly consisting of financial assets it's not surprising that estimates are sensitive to turbulence, but we believe STB is i ....