Here's Why This New Spinoff Stock Looks Like It Could Be a Market-Beater
XPO Logistics (NYSE: XPO) was one of the top 10 best-performing stocks among publicly traded companies in the Fortune 500 in the last decade. After investors greeted that move favorably, XPO spun off the other remaining business segment, the truck brokerage business now known as RXO (NYSE: RXO). RXO shares fell in their first week trading on the market.