ZIM Stock Rebounds as Shipping Giant Navigates Trade Turbulence
Stock Rebound Off Lows ZIM’s share price has shown signs of life after a prolonged slide. On October 14, the stock surged about 5% intraday, closing at approximately $13.36 (up from $12.72 the prior day) intellectia.ai. This pop extends a short-term rebound from early October, when ZIM scraped a 52-week low just above $11 marketbeat.com amid heavy selling. Even with the recent rally, the stock is still trading in the mid-teens – a far cry from its $30+ highs within the past year marketbeat.com. Year-to-date performance remains bleak. ZIM has shed roughly 40% of its value since January, reflecting broader