Zim Integrated Shipping stock soars on Q2 earnings results
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Shares of Zim Integrated Shipping Services (ZIM) are moving higher after the company released its second quarter earnings, easily beating estimations on both the top and bottom line and posting revenue of $1.93 billion, against expectations of $1.78 billion with adjusted earnings per share of $3.08.
Market Domination Anchors Josh Lipton and Julie Hyman break down the latest developments for Zim and what it could mean for the cargo company moving forward.
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This post was written by Nicholas Jacobino