Stocks to Watch: 3 At-Risk Companies That Rely on Red Sea Shipping Routes
ADMADM(ADM) InvestorPlace·2024-01-31 06:00

The shipping crisis forming from disruptions in the Red Sea could impact several U.S. stocks. Despite the U.S. not importing much from the Middle East and trade from China being rerouted, many companies still rely on supply chains passing through the region. While the U.S. is expected to be largely immune from Red Sea shipping issues, Europe is not. This creates a risk factor for stocks that could be affected by Red Sea shipping disruptions through their exposure to Europe. These three stocks affected by Re ...