$ZIM Integrated Shipping Services Ltd.(ZIM)$Share price reached a 52-week low after its Q2 earnings and earnings missed expectations.
In addition, shipping rates are now anticipated to be in a down cycle and adversely affect ZIM's performance in the coming quarters.
As always, please DYODD ✌️
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments