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Zip Co Limited Granted Leave to Appeal in Trademark Case

Story Highlights
  • Zip Co Limited is a digital financial services company operating in Australia, New Zealand, and the US.
  • The High Court of Australia granted Zip leave to appeal a trademark decision favoring Firstmac.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zip Co Limited Granted Leave to Appeal in Trademark Case

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An update from Zip Co Ltd. ( (AU:ZIP) ) is now available.

Zip Co Limited has been granted special leave by the High Court of Australia to appeal a Federal Court decision favoring Firstmac Limited in a trademark infringement case. This development means that Zip can continue its operations in Australia without disruption, and the proceedings do not affect its US or New Zealand operations.

The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.

More about Zip Co Ltd.

Zip Co Limited is a digital financial services company offering innovative, people-centered products. Operating primarily in Australia, New Zealand, and the United States, Zip provides point-of-sale credit and digital payment services, connecting millions of customers with a global network of merchants. Founded in 2013 in Australia, the company aims to offer fair, flexible, and transparent payment options to help customers manage their financial futures and assist merchants in business growth.

Average Trading Volume: 17,613,133

Technical Sentiment Signal: Buy

Current Market Cap: A$5.56B

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

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