When Amazon becomes a tailwind

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Livewire Markets

Being a disruptor, and not the disrupted, can mean Amazon becoming a powerful tailwind rather than a headwind. One such disruptor, a global delivery logistics company, Getswift, gained 86% on the open on Friday on news that the company had ‘signed a global agreement with Amazon’, before quickly going into suspension soon after. A slightly more detailed announcement followed, touching on the revenue agreement, and flagging that the stock is expected to trade again this morning. Six weeks ago, Neil Carter, Head of Active Equities at IFM Investors, spoke to Livewire in detail about Getswift. Click below for his overview of the company: (VIEW LINK)


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