ZIP Drops 25% on Results Miss and Margin Squeeze

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Bad Day for Zip but is the market overreacting?

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Thanks, Kneppy for the in-depth analysis. Now we know why the director sold the shares. I sold the initial open and brought it back today.

sajivarghese
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I sold I hold XYZ . I believe this is a great indicator we are in a recession. Total spend per person has dropped with ZIP. Plus Ive know alot of people are going for Latitude for this space. ZIP from what I hear are harder to deal with of late. Alot of retailers are not pushing ZIP as well.

ProgressiveMountain
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Looked okay to untrained eye until you saw that the Revenue Margins was less than in 2024 7.9 vs 8.2 in 2024. Opening at $2.95 dropped to $2.50 levels quickly still showing confusion.
Micheal good point on chart about resistance levels on chart x2 not going above to match previous highs, before today.😊

rickthelian
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