Market Globalist

Zim Integrated Shipping Services Ltd. (ZIM) stock soars during pre-market. Here’s to know why?

Zim Integrated Shipping Services Ltd. (NASDAQ: ZIM) stock gained by 1.68% at last close while the ZIM stock price further rise during pre-market by 3.84%. ZIM Integrated Shipping Services is a multinational, asset-light container liner shipping firm that holds market-leading positions.

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Financial Highlights

On May 19, 2021, ZIM announced its first-quarter 2021 financial results. Given below is the summary:

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Provided Insight on full-year 2021

Zim Integrated Shipping Services raised its full-year outlook, forecasting Adjusted EBITDA of $2.5 billion to $2.8 billion and Adjusted EBIT of $1.85 billion to $2.15 billion in 2021.

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