From pet peeves to fire sale. Heavy investors turn their backs on shipping companies - InsideBusiness

It wasn't many years ago that the ferry company DFDS was one of the biggest favorites of institutional investors. The philosophy of only buying up when the world was on fire was a strategy that most investors could understand, and after being a dusty stock for a number of years, the DFDS share rose explosively from 2014 and onwards. The company's disciplined approach to acquisitions under then CEO Niels Smedegaard also appealed to a number of th…