Maersk Shares Sink After Outlook for 2021 Disappoints

WATCH: Maersk CEO Soren Skou sees freight rates normalizing this year.Source: Bloomberg
Lock
This article is for subscribers only.

A.P. Moller-Maersk A/S, the world’s largest container carrier, unveiled an outlook that disappointed the market amid signs freight rates are close to peaking.

Shares in the Copenhagen-based company slumped about 8% when trading started in the Danish capital.