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Stock impact report

Radiant Logistics: I Was Wrong, But That Doesn't Make It A 'Buy' (Rating Upgrade) [Seeking Alpha]

Radiant Logistics, Inc. (RLGT) 
NASDAQ:AMEX Investor Relations: radiantdelivers.com
Company Research Source: Seeking Alpha
RLGT's adjusted EBITDA rose from $6.1 million to $11.8 million, reflecting strong cost control and stable operating margins in a challenging freight market. Tightening shipping capacity from Middle East disruptions may benefit RLGT's Navegate platform, but macroeconomic risks could dampen shipping demand. With no major near-term debt and positive free cash flow, RLGT is positioned for potential acquisitions during market weakness. Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » kontekbrothers/iStock via Getty Images In January, I downgraded 3PL provider Radiant Logistics ( RLGT ) from "B uy" to "S ell." Since then, the stock has surged 21.9%, and so you can view this as a horrible "S ell" call from my side. When stocks More on my IG service If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking A Show less Read more
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