Zip isn't being sold off because investors think that Zip's customers will die.
Zip needs to grow in order to be profitable - if Zip's revenue and operational margins take a big hit because of the social and economic fallout from the virus, they are facing some pretty serious company challenges.
let alone the trouble they would be in if their bad or doubtful debts ballooned, and they lose traction with customers.
The end is nigh party, page-145
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$1.58 |
Change
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Mkt cap ! $1.774B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.57 | $42.26M | 26.16M |
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| No. | Vol. | Price($) |
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| 3 | 19469 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 33400 | 3 |
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