Shares ofthe New York-listed containership owner took the title of “Worst Performer” onthe TradeWinds Shipping Index Thursday afternoon after falling 8.12% to $4.64.
The topicwas the focal point of discussions on Yahoo.com’s GSL message board where investorsexplored the possible motives behind the CMA CGM chief’s campaign.
Somesuggested a push to replace Michael Gross and call for more seats onthe board indicates that the stage is set for a buy-out but others dismissedthis as highly unlikely.