Why ZIM Integrated Shipping Services Stock Surged Today
Source: Motley Fool
2026-02-17 20:05:10 ET
Shares of ZIM Integrated Shipping Services (NYSE: ZIM) popped on Tuesday after the Israeli cargo carrier struck a deal to be acquired by larger rival Hapag-Lloyd (OTC: HPGLY) .
By the close of trading, ZIM's stock price was up more than 25% after rising as much as 35% earlier in the day.
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Hapag-Lloyd Aktiengesellschaft ADR
NASDAQ: HPGLY
HPGLY Trading
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$74.39 Open:
