Sni IPO profile.

They will use the capital raised to underbid and gain market share. It's about revenue not profit for now. It's why transportation stocks are so horrible. The growth will be in Intermodal, wharehousing, and final mile. Plenty of competition there too. The only question is would you want to bet your money on SNI in this market. Idk. I do know the focus won't be on general OTR freight.

 

I'm not investing my money (and soon maybe not my time) into Schneider.

 

I guess they missed out on merger with Knight and Swift.

Think IPO a month sooner and they could've had a three way merger.

 

I'm with you.

 

Pos stock is up .31 cents.....

 

Another down day..... to bad...

 

And the candle had a long tail. I don't expect a bounce in the morning.

 

Don't read to much into price action for the first 30 days after an ipo. The underwriter can use this time to "stabilize" the stock from either the upper or lower ranges.

TA

PS. If the underwriter mispriced to the low side the stock would "pop". If over priced it would fall soon after issuance.

 

Sccccccchhhhhhhhnnnneider closes down, again, from the IPO price.