Why ZIM Integrated Shipping Services Shares Are Trading Lower By 14%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Portfolio Pulse from Lisa Levin
ZIM Integrated Shipping Services shares dropped 13.9% after reporting a YoY decrease in Q1 EPS results and worse-than-expected sales results. Other stocks experienced significant gains and losses during Monday's mid-day session.

May 22, 2023 | 5:20 pm
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ZIM Integrated Shipping Services shares fell 13.9% after reporting a YoY decrease in Q1 EPS results and worse-than-expected sales results.
ZIM Integrated Shipping Services reported a year-over-year decrease in first-quarter EPS results and worse-than-expected sales results, which led to a 13.9% drop in its share price. This negative financial performance is likely to impact the stock price in the short term.
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