ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. The company provides seaborne transportation and logistics services comprising dry, reefer, project, out of gauge, breakbulk, and dangerous cargo services; inland transport services; and ZIMonitor, a reefer cargo tracking service. As of March 31, 2021, it operated a fleet of 101 vessels with a global network of 69 weekly lines. ZIM Integrated Shipping Services Ltd. was founded in 1945 and is headquartered in Haifa, Israel.
IPO Year: 2021
Exchange: NYSE
Website: zim.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2024 | $25.00 | Buy → Hold | Jefferies |
| 9/10/2024 | $10.50 | Underweight | JP Morgan |
| 6/6/2024 | $13.00 | Neutral → Sell | Citigroup |
| 1/29/2024 | $14.00 → $20.00 | Hold → Buy | Jefferies |
| 11/17/2023 | Overweight → Neutral | JP Morgan | |
| 9/18/2023 | $15.40 | Neutral → Overweight | JP Morgan |
| 4/21/2023 | $27.00 → $20.80 | Overweight → Neutral | JP Morgan |
| 2/17/2023 | $17.60 → $30.40 | Neutral → Overweight | JP Morgan |
| 2/13/2023 | $26.50 → $15.00 | Equal Weight → Underweight | Barclays |
| 8/22/2022 | Buy → Neutral | Citigroup |
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
144 - ZIM Integrated Shipping Services Ltd. (0001654126) (Subject)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
6-K - ZIM Integrated Shipping Services Ltd. (0001654126) (Filer)
Reported Revenues of $2.77 Billion, Net Income of $1.13 Billion, Adjusted EBITDA1 of $1.53 Billion and Adjusted EBIT of $1.24 Billion2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 55% and 45%, Respectively Achieved 12% Volume Growth YOY with Record Carried Volume of 970 Thousand TEUs in Q3 2024 Increased Full Year 2024 Guidance to Adjusted EBITDA of $3.3 Billion to $3.6 Billion and Adjusted EBIT of $2.15 Billion to $2.45 Billion3 Declared Increased Dividend of ~$440 million, Comprised of a Regular Dividend of ~$340 Million, or 30% of Q3 Net Income, Plus Special Dividend of ~$100 Million; Per Share Distribution: $3.65 Per Share, Reflecting Regular Dividend of $2.81 Per Share Plus Sp
VIRGINIA BEACH, Va., Nov. 14, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. a global leader in shipping and logistics, announced the launch of its new Employer Brand Campaign, an initiative aimed at attracting top talent to ZIM USA, headquartered in Virginia Beach. The campaign will showcase ZIM's corporate culture and the values that make it a unique and dynamic workplace within this vital and impactful industry. With campaign slogan- Hear the Difference. See the Difference. Be the Difference, ZIM recognizes the importance of its employer brand in attracting skil
HAIFA, Israel, Oct. 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its third quarter 2024 financial results on Wednesday, November 20, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 1972775 or the conference name. The call (and slide presentatio
Announces New Installation of PickoBot™, Poised to Disrupt Autonomous Warehousing Ecosystem with Increased Efficiency and Reduced Costs PETAH TIKVA, Israel, Sept. 17, 2024 /PRNewswire/ -- Pickommerce, a warehouse automation innovator, announced today it has secured $3.4 million in funding to advance the development, production and marketing of its innovative PickoBot piece-picking robot. Pickommerce's technology is poised to disrupt the warehouse automation market, which is projected to grow at a CAGR of 53.4% and reach nearly $9 billion by 2029, according to research firm Mordor Intelligence. The funding round was led by IL Ventures, a fund focused on disruptive technologies for legacy indu
New Agreement which includes Six Asia to USEC and USGC Services is Scheduled to Commence in February 2025 HAIFA, Israel, Sept. 9, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, announced today that it has entered into a new long-term operational cooperation with Mediterranean Shipping Company (MSC) on the Asia - US East Coast and Asia - US Gulf trades. The new services are scheduled to be launched in February 2025, subject to regulatory approvals and filings. The proposed network under this cooperation agreement is designed to enable ZIM to provide its customers with extensive port coverage, further elevating ZIM's quality o
HAIFA, Israel, Aug. 27, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on September 5, 2024, as previously announced by the Company on August 19, 2024 (the "Dividend"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"), will apply. As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with r
Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA1 of $766 Million and Adjusted EBIT of $488 Million2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 40% and 25%, Respectively Achieved 11% Volume Growth with Record Carried Volume of 952 Thousand TEUs Increased Full Year 2024 Guidance to Adjusted EBITDA of $2.6 Billion to $3.0 Billion and Adjusted EBIT of $1.45 Billion to $1.85 Billion3 Declared Dividend of $112 million, or $0.93 per Share HAIFA, Israel, Aug. 19, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), ("ZIM" or the "Company") a global container liner shipping company, announced today its consolidated results for the three an
HAIFA, Israel, July 29, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its second quarter 2024 financial results on Monday, August 19, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 3054682 or the conference name. The call (and slide presentation) w
The funds will enable the expansion and deployment of the company's groundbreaking water infrastructure-harnessing CDR technology HAIFA, Israel, July 22, 2024 /PRNewswire/ -- Climate-tech startup CarbonBlue has announced the completion of a seed funding round to scale up and deploy its groundbreaking water-based Carbon Dioxide Removal (CDR) technology, bringing the funding raised by the company to $10 million. The completion of this round singles CarbonBlue out as an exceptional innovator in the climate-tech sphere. The financing will allow the company to expand its global operations, scale up its technology and pursue novel integrations with water-utilizing industrial facilities. CarbonBl
HAIFA, Israel, May 28, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 11, 2024, as previously announced by the Company on May 21, 2024 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli w
VIRGINIA BEACH, Va., Nov. 14, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. a global leader in shipping and logistics, announced the launch of its new Employer Brand Campaign, an initiative aimed at attracting top talent to ZIM USA, headquartered in Virginia Beach. The campaign will showcase ZIM's corporate culture and the values that make it a unique and dynamic workplace within this vital and impactful industry. With campaign slogan- Hear the Difference. See the Difference. Be the Difference, ZIM recognizes the importance of its employer brand in attracting skil
HAIFA, Israel, Aug. 27, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on September 5, 2024, as previously announced by the Company on August 19, 2024 (the "Dividend"), the previously obtained tax ruling from the Israeli Tax Authority ("ITA") on tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"), will apply. As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with r
HAIFA, Israel, May 28, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 11, 2024, as previously announced by the Company on May 21, 2024 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). As a result of the Ruling, certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli w
HAIFA, Israel, March 22, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on April 3, 2023, as previously announced by the Company on March 13, 2023 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). The Ruling will apply to this Dividend, and to any future dividend distributions to be made by the Company on or be
HAIFA, Israel, Nov. 23, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on December 7, 2022, as previously announced by the Company on November 16, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in comparison to the generally applicable withholding tax rate (the "Reduced Withholding Tax Rate"), unde
HAIFA, Israel, Aug. 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on September 8, 2022, as previously announced by the Company on August 17, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in comparison to the generally applicable withholding tax rate (the "Reduced Withholding Tax Rate"), under
HAIFA, Israel, May 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 8, 2022, as previously announced by the Company on May 18, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling') from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in comparison to the generally applicable withholding tax rate (the "Reduced Withholding Tax Rate"), under certain
HAIFA, Israel, March 23, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby announces that it secured an extension of its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend to its shareholders ("Shareholders"). The Ruling will apply to the dividend distribution expected to take place on April 4, 2022, as previously announced by the Company on March 9, 2022 (the "Dividend"), and to any future dividend distributions to be made by the Company on or before December 31, 2022, if declared
HAIFA, Israel, Dec. 1, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. ("ZIM" or the "Company") (NYSE:ZIM), a global container liner shipping company, announces that it secured a tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend to its shareholders ("Shareholders") expected to take place on December 27, 2021, as previously announced by the Company (the "Dividend"). As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect to their share of this dividend distribution, in comparison to the generally applicable withholding tax
HAIFA, Israel, Aug. 23, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. ("ZIM" or the "Company") (NYSE:ZIM), a global container liner shipping company, is pleased to announce to the holders of its ordinary shares (the "Shareholders"), that it secured a tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend expected to take place on September 15, 2021, as detailed below. As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect to their share of this dividend distribution, in comparison to the generally applicable withholding tax
Jefferies downgraded ZIM Integrated Shipping from Buy to Hold and set a new price target of $25.00
JP Morgan resumed coverage of ZIM Integrated Shipping with a rating of Underweight and set a new price target of $10.50
Citigroup downgraded ZIM Integrated Shipping from Neutral to Sell and set a new price target of $13.00
Jefferies upgraded ZIM Integrated Shipping from Hold to Buy and set a new price target of $20.00 from $14.00 previously
JP Morgan downgraded ZIM Integrated Shipping from Overweight to Neutral
JP Morgan upgraded ZIM Integrated Shipping from Neutral to Overweight and set a new price target of $15.40
JP Morgan downgraded ZIM Integrated Shipping from Overweight to Neutral and set a new price target of $20.80 from $27.00 previously
JP Morgan upgraded ZIM Integrated Shipping from Neutral to Overweight and set a new price target of $30.40 from $17.60 previously
Barclays downgraded ZIM Integrated Shipping from Equal Weight to Underweight and set a new price target of $15.00 from $26.50 previously
Citigroup downgraded ZIM Integrated Shipping from Buy to Neutral
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Reported Revenues of $2.77 Billion, Net Income of $1.13 Billion, Adjusted EBITDA1 of $1.53 Billion and Adjusted EBIT of $1.24 Billion2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 55% and 45%, Respectively Achieved 12% Volume Growth YOY with Record Carried Volume of 970 Thousand TEUs in Q3 2024 Increased Full Year 2024 Guidance to Adjusted EBITDA of $3.3 Billion to $3.6 Billion and Adjusted EBIT of $2.15 Billion to $2.45 Billion3 Declared Increased Dividend of ~$440 million, Comprised of a Regular Dividend of ~$340 Million, or 30% of Q3 Net Income, Plus Special Dividend of ~$100 Million; Per Share Distribution: $3.65 Per Share, Reflecting Regular Dividend of $2.81 Per Share Plus Sp
HAIFA, Israel, Oct. 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its third quarter 2024 financial results on Wednesday, November 20, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 1972775 or the conference name. The call (and slide presentatio
Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA1 of $766 Million and Adjusted EBIT of $488 Million2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 40% and 25%, Respectively Achieved 11% Volume Growth with Record Carried Volume of 952 Thousand TEUs Increased Full Year 2024 Guidance to Adjusted EBITDA of $2.6 Billion to $3.0 Billion and Adjusted EBIT of $1.45 Billion to $1.85 Billion3 Declared Dividend of $112 million, or $0.93 per Share HAIFA, Israel, Aug. 19, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), ("ZIM" or the "Company") a global container liner shipping company, announced today its consolidated results for the three an
HAIFA, Israel, July 29, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its second quarter 2024 financial results on Monday, August 19, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 3054682 or the conference name. The call (and slide presentation) w
Reported Revenues of $1.56 Billion, Net Income of $92 Million, Adjusted EBITDA1 of $427 Million and Adjusted EBIT of $167 Million Increased Full Year 2024 Guidance to Adjusted EBITDA of $1,150 Million to $1,550 Million and Adjusted EBIT of $0 to $400 Million2 Declared Dividend of $28 million or $0.23 per Share HAIFA, Israel, May 21, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), ("ZIM" or the "Company") a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2024. First Quarter 2024 Highlights Net income for the first quarter was $92 million (compared to a net loss of $58 million in the first quarter
HAIFA, Israel, April 30, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its first quarter 2024 financial results on Tuesday, May 21, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 2459470 or the conference name. The call (and slide presentation) wil
Full Year 2023 Revenue of $5,162 Million and Net Loss of $2,688 Million1 Adjusted EBITDA and Adjusted EBIT in Line with Guidance: Adjusted EBITDA2 of $1,049 Million and Adjusted EBIT2 Loss of $422 Million Full Year 2024 Outlook: Adjusted EBITDA of $850 Million to $1,450 Million and Adjusted EBIT Loss of $300 Million to Earnings of $300 Million3 HAIFA, Israel, March 13, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Highlights Net loss for the fourth quarter was $147 million (compared to a net pr
HAIFA, Israel, Feb. 26, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) announced today that the Company will release its fourth quarter and full year 2023 financial results on Wednesday, March 13, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET. To access the live conference call by telephone, please dial the following numbers: United States (TF) +1-800-715-9871 or +1-646-307-1963; Israel +972-3-376-1144 or UK/international +44-20-3481-4247, and reference conference ID: 4621389 or the conference name. The call (and s
Reported Revenues of $1,273 Million, Net Loss of $2,270 Million (Including a Non-Cash Impairment Loss of $2,063 Million)1, Adjusted EBITDA2 of $211 Million and Adjusted EBIT Loss2 of $213 Million Revised 2023 Full Year Guidance: Expects to Generate Adjusted EBITDA of $900-$1,100 Million and Adjusted EBIT Loss of $600-$400 Million3 HAIFA, Israel, Nov. 15, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2023. Third Quarter 2023 Highlights Net loss for the third quarter was $2,270 million (compared to net income of $1,166 million in the th
Reported Revenues of $1.3 Billion, Net Loss of $213 Million, Adjusted EBITDA1 of $275 Million and Adjusted EBIT Loss1 of $147 Million HAIFA, Israel, Aug. 16, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights Net loss for the second quarter was $213 million (compared to net income of $1,336 million in the second quarter of 2022), or a diluted loss per share of $1.792 (compared to diluted earnings per share of $11.07 in the second quarter of 2022). Net loss for the quarter was negatively impacted by a non-c
Shares of Conagra Brands, Inc. (NYSE:CAG) fell during Thursday's session after the company reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates. The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro. Conagra Brands shares declined 3.9% to $27.70 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Kazia Therapeutics Limited (NASDAQ:KZIA) shares surged 88.6% to $1.26. Kazia Therapeutics, on Wednesday, announced result
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro. Delta Air Lines shares fell 9% to $42.65 in the pre-market trading session. Here are some big stoc
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AAL PUT TRADE BEARISH 03/21/25 $9.00 $477.0K 7.5K 9.0K EOSE CALL SWEEP BULLISH 12/20/
Shares of Arhaus, Inc. (NASDAQ:ARHS) fell sharply during Monday's session. Jefferies analyst Jonathan Matuszewski downgraded Arhaus from Buy to Hold and lowered the price target from $22 to $16. Arhaus shares dipped 7.9% to $14.55 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Morphic Holding, Inc. (NASDAQ:MORF) shares jumped 75% to $55.72 after Eli Lilly agreed to buy the company for $57 per share in cash. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) climbed 71% to $6.97 after jumping around 50% on Friday. SRIVARU Holding Limited (NASDAQ:SVMH) shares climbed 61.3% to $0.2549 after the company announced the deployment of advanced
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Monday. Shares of Intapp, Inc. (NASDAQ:INTA) fell sharply in today's pre-market trading after Oppenheimer downgraded the stock from Outperform to Perform. Intapp shares tumbled 4.5% to $ 34.67 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) shares dipped 16.2% to $8.79 in pre-market trading. Arcutis Biotherapeutics, last week, reported inducement grants under Nasdaq Listing Rule 5635(c)(4). ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares declined 6.4% to $
Shares of Paramount Global (NASDAQ:PARAA) rose sharply in today's pre-market trading. Paramount Global and Skydance Media inked a definitive agreement to create a new entity, "New Paramount," in a $28 billion merger deal. Paramount Global shares jumped 7.5% to $22.00 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Shapeways Holdings, Inc. (NASDAQ:SHPW) rose 93.7% to $0.4068 in pre-market trading after dipping 22% on Friday. Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares rose 52.3% to $2.27 in pre-market trading after gaining 8% on Friday. Dynatronics Corporation (NASDAQ:DYNT) shares rose 36.6% to $0.29 in pre-market trading
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume JCI CALL SWEEP BEARISH 07/19/24 $67.50 $27.9K 2.5K 3.6K ZIM PUT SWEEP BEARISH 08/16/24 $20.00 $36.4K
ZIM Integrated Shipping's (NYSE:ZIM) short percent of float has fallen 11.26% since its last report. The company recently reported that it has 10.47 million shares sold short, which is 11.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.25 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sh
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume RKLB PUT SWEEP BEARISH 01/16/26 $3.00 $42.0K 19.9K 5.8K UBER CALL SWEEP BEARISH 12/20