Analyst C. K. Poe Fratt predicts the attack won't affect the...
Analyst C. K. Poe Fratt predicts the attack won't affect the shipping company's Q1 2024 results but may increase insurance premiums. Stifel analyst Benjamin J. Nolan suggests avoiding the Red Sea/Suez Canal could push up container rates, but won't significantly impact goods prices.
Shipping Stocks Rise as Latest Houthi Attack Thrusts Dry Bulk Fleet Into the Spotlight
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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