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home / news releases / CHRW - C.H. Robinson Worldwide Stock: A Sell Despite AI And Digital Technology Leverage

CHRW - C.H. Robinson Worldwide Stock: A Sell Despite AI And Digital Technology Leverage

C.H. Robinson Worldwide Inc.

2024-05-07 04:49:09 ET

Summary

  • C.H. Robinson Worldwide's stock jumped 13% following its first quarter earnings report.
  • Total revenues declined 4.3% to $4.4 billion, but still beat analyst expectations.
  • The company is leveraging artificial intelligence to optimize its unit-adjusted gross profits and improve efficiency in the logistics industry.

For further details see:

C.H. Robinson Worldwide Stock: A Sell Despite AI And Digital Technology Leverage
Stock Information
Company Name: C.H. Robinson Worldwide Inc.
Stock Symbol: CHRW
Market: NASDAQ
Website: chrobinson.com
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