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Saturday, March 2, 2024

ZIM: Fade The Houthi Induced Rally (Rating Downgrade) (NYSE:ZIM)

ZIM: Fade The Houthi Induced Rally (Rating Downgrade) (NYSE:ZIM)


titoOnz/iStock via Getty Images

As the shipping channel in the Red Sea has been disrupted by Houthi militants, shipping stocks like ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) flew away. Stocks were crushed in 2023 due to



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