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Zip Co Ltd. ( (AU:ZIP) ) has provided an update.
Zip Co Ltd. has announced a change in the interests of a substantial holder, specifically involving State Street Bank and Trust Company and its subsidiaries. The change reflects an increase in voting power from 5.72% to 7.67%, indicating a significant shift in the company’s shareholder dynamics. This adjustment in voting power could impact Zip Co Ltd.’s strategic decisions and influence its market positioning.
More about Zip Co Ltd.
Average Trading Volume: 21,734,085
Technical Sentiment Signal: Sell
Current Market Cap: A$2.43B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.