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SSGA Funds Management Ceases Substantial Holding in Zip Co Ltd.

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SSGA Funds Management Ceases Substantial Holding in Zip Co Ltd.

Zip Co Ltd. ( (AU:ZIP) ) just unveiled an update.

Zip Co Ltd. has announced that SSGA Funds Management, Inc., a subsidiary of State Street Corporation, has ceased to be a substantial holder in the company as of March 14, 2025. This change in substantial holding could impact Zip Co Ltd.’s shareholder dynamics and may influence its stock market performance, as substantial holders often play a significant role in corporate governance and strategic decisions.

More about Zip Co Ltd.

YTD Price Performance: -34.63%

Average Trading Volume: 17,696,873

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.53B

For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.

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