CHRW Stock Pulls Back After Big Rally. The C.H. Robinson Test Just Got Harder
C.H. Robinson Worldwide shares slipped on Thursday, giving back part of a sharp four-day run as investors weighed a fresh Wall Street upgrade against new legal risk for freight brokers. The stock was last quoted down 1.5% at $178.13, with an intraday high of $183.46 and volume of about 1.6 million shares. The move matters now because CHRW has become a quick read on two things at once: whether large freight brokers can use technology and scale to lift margins, and whether a Supreme Court ruling will raise the cost of doing business for the sector.
