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State Street Acquires Substantial Holding in Zip Co Ltd.

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State Street Acquires Substantial Holding in Zip Co Ltd.

Zip Co Ltd. ( (AU:ZIP) ) has shared an update.

Zip Co Ltd. has announced a substantial holding change, with State Street Global Advisors and its subsidiaries acquiring a significant number of voting shares. This development could impact Zip Co’s market positioning by potentially altering the control dynamics within the company, influencing strategic decisions, and affecting stakeholder interests.

More about Zip Co Ltd.

YTD Price Performance: -37.16%

Average Trading Volume: 17,716,966

Technical Sentiment Signal: Buy

Current Market Cap: A$2.43B

See more insights into ZIP stock on TipRanks’ Stock Analysis page.

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