I like to nibble and average in. Mid $1s is a great place to start. Don't forget it was $3.56 around the start of the year. Way oversold already
US markets back over pre-tariff early April prices, and Zip fell in that first week of April due to tariff market panic. Got down to $1.08 on all the fear.
US markets back HIGHER than April 2-3. Zip falling so much wasn't because of the business. It was just market panic.
Zip later announced buy back PLUS upgraded FY25 guidance.
Good starting nibble zone right here
ZIP Price at posting:
$1.60 Sentiment: None Disclosure: Held
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