ZIM - Turmoil In The Red Sea: Why Zim Integrated Shipping Stock Is Sinking | Benzinga
Zim Integrated Shipping Services Ltd. (NYSE:ZIM) shares are trading lower Thursday as turmoil in the Red Sea creates uncertainty among shipping companies.
The Details:
Shipping giant Moller Maersk (OTCPK:AMKBY) shares are leading the industry lower after it reported earnings on Thursday and warned of uncertainty in its 2024 guidance.
"The current market remains one of robust volumes, but while the Red Sea crisis has ...