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Stock impact report

The Plunge in This E-Commerce Stock Is a Great Buying Opportunity [Yahoo! Finance]

GXO Logistics, Inc. (GXO) 
Company Research Source: Yahoo! Finance
At this point, many investors would be forgiven for throwing in the towel and concluding that there's something fundamentally wrong with the company. However, I think that would be a massive overreaction, and the recent decline is actually a fine buying opportunity. Here's why. GXO Logistics' challenging few years To understand what's gone wrong with GXO Logistics (at least with its stock price), you must return to the pandemic and economic lockdowns. These led to a boom in online shopping, and many companies either announced e-commerce spending plans or introduced new capabilities. That's great news for companies offering e-commerce warehousing technology (more on them in a moment) and also super news for GXO Logistics, which manages outsourced supply chains and warehousing. The good news is GXO enjoyed the boom, and its former parent company, XPO , lost no time in spinning the company off in 2021. However, the lockdowns would not last forever, and the subsequent return to no Show less Read more
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