Your email has been successfully added to our mailing list.

×
-0.00148984552654287 -0.0019603230612406 -0.00164667137144208 -0.00305810397553528 -0.00219556182858947 -0.00101936799184513 -0.0150552811103271 -0.0139575001960324
Stock impact report

Weaker Demand for Chinese Goods Spells End of Shipping Boom [Yahoo! Finance News]

Matson, Inc. (MATX) 
Last matson, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.matson.com/investor-relations
Weaker Demand for Chinese Goods Spells End of Shipping Boom12 September 26, 2022, 6:09 AM·6 min read() -- The cost of shipping goods from China has slumped to the lowest level in more than two years as the world economy stumbles, dimming prospects for container carriers that turned in record profits during the pandemic.Most Read from A 40-foot shipping box from the world’s largest port of Shanghai to Los Angeles fetched $3,779 last week, the first time the spot price was below $4,000 since September 2020 and half the level of three months ago, according to Drewry. More declines are expected in the next few weeks, it said.While the value of Chinese exports was still rising through August, it’s expected to continue to slow down. That’s a symptom of multiple headwinds hitting developed and developing economies alike, from soaring inflation and a surging dollar to central bank interest-rate hikes and trade disruptions blamed on Russia’s war in Ukraine.“It’s fair to say that the demand out Show less Read more
Impact Snapshot
Event Time:
MATX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MATX alerts
Opt-in for
MATX alerts

from News Quantified
Opt-in for
MATX alerts

from News Quantified