DSG:CC News and Press, Descartes Systems Group Inc. (The) From 03/22/22

The tech stock selloff paused after the U.S. Federal Reserve hiked interest rate last week. The Nasdaq Composite Index and iShares S&P/TSX Capped Information Tech Idx ETF surged 9.9% and 13%, respectively, last week ahead of the Fed announcement on March 16. I have been writing ...

ATLANTA and LONDON, March 22, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that its Descartes ShipRush™ multi-carrier parcel and less-than-truckload (LTL) shipping solutio...

The 2022 tech stock selloff began on New Year’s Eve over fears that the U.S. Fed could increase interest rates. This selloff extended to its third month with rising inflation and the Russia-Ukraine war. The war has kept commodity and energy prices high and tech stock prices low. ...

The logistics network platform is growing in importance amid the supply chain complexity. Descartes will demonstrate strong growth from here. Price target of nearly $85 discussed. For further details see: Buy Descartes Systems Before Shares Rebound