Why Zim Integrated Shipping Stock Surged Higher in January
ZIMZIM Integrated Shipping Services .(ZIM) The Motley Fool·2024-02-06 03:35

Macroeconomic conditions that had been working against Zim Integrated Shipping Services (ZIM 0.27%) flipped in the company's favor in January, making investors excited about the opportunity that lies up ahead. Shares of Zim gained 52% in the month, according to data provided by S&P Global Market Intelligence, as investors bet that pricing power was quickly returning to the industry. A geopolitical twist after a tough year Investors in the global shipping specialist can't be blamed for feeling a little seasi ...