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Is XPO Logistics Stock a Buy?

TheMotleyFool

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Is XPO Logistics Stock a Buy?Photo, wide shot, wide-angle lens, Conglomerate, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/95f18fed-a4d6-4069-b489-4d050c74c618.png

XPO Logistics (NYSE: XPO) has taken investors on a wild ride in recent years. The company's shares were up more than 2,000% for the decade heading into the fall of 2018, only to give back about half those gains in the months that followed.

In late 2018 and early 2019, the company was hit by a combination of factors, including the unexpected loss of a major customer and criticism from a short-seller. XPO appeared to be back on the right track heading into this year, only to be derailed by the COVID-19 pandemic and its impact on global shipping.