An announcement from Zip Co Ltd. ( (AU:ZIP) ) is now available.
UBS Group AG and its related corporate bodies have become substantial holders in Zip Co Limited, acquiring a 5.58% voting power in the company. This development indicates a significant investment by UBS, potentially impacting Zip Co’s market positioning and signaling confidence in its business operations.
More about Zip Co Ltd.
YTD Price Performance: -59.80%
Average Trading Volume: 20,133,933
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.68B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.