[theGnuMe]

They run international shipping logistics so maybe something macro looms large.

Economic disruption in China would be the macro thing. They have real estate issues and large youth unemployment apparently.

More likely they are looking towards an IPO, the market for which is about to reopen if we don’t have any major economic disruptions before instacart and arm list. CNBC squawk box and Cramer talk about flexport a lot so Monday will be interesting if they cover it. It’s already on the general cnbc website.

If I were in Peterson’s shoes I’d get on that show early next week for damage control.