Why Zim Integrated Shipping Is Higher Today
It is a tough market for shipping companies, but Zim Integrated Shipping Services (NYSE: ZIM) managed to stay nimble and navigate through the rough waters successfully.Shares of the Israel-based cargo ship operator soared as high as 13.5% on Monday morning, and traded up 7% as of 2:30 p.m. ET on a strong earnings report and reaffirmed full-year guidance.Image source: Getty Images.Continue reading
It is a tough market for shipping companies, but Zim Integrated Shipping Services (NYSE: ZIM) managed to stay nimble and navigate through the rough waters successfully.
Shares of the Israel-based cargo ship operator soared as high as 13.5% on Monday morning, and traded up 7% as of 2:30 p.m. ET on a strong earnings report and reaffirmed full-year guidance.
Image source: Getty Images.
