Why Zim Integrated Shipping Services Inched Higher Today
ZIM Integrated Shipping Services .(ZIM) The Motley Fool·2024-11-21 06:48
Zim Integrated Shipping Services (ZIM 0.86%) reported a better-than-expected third quarter on Wednesday, and news of the company's performance pushed its share price marginally higher. Double-digit gains during the trading session moderated toward the close, but the stock ended the day with a nearly 1% increase. That compared favorably to the flat line that was the S&P 500 (^GSPC 0.40%).A very memorable quarterIt was a beat-and-raise quarter for Zim, which saw its revenue more than double year over year. It ...