Maersk Shares Drop as Container Unit May Just Break Even
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A.P. Moeller-Maersk A/S fell the most in more than two years in Copenhagen trading after saying its container line, the world’s largest, will at best break even this year, falling short of analyst estimates for a profit.
Maersk shares declined as much as 8.7 percent, the biggest intraday drop since September 2009. The stock was down 5.8 percent at 38,000 kroner at 3:33 p.m. in the Danish capital.