Shares of Zalando SE (OTCMKTS:ZLDSF – Get Free Report) were down 10.5% on Thursday. The company traded as low as $23.62 and last traded at $23.63. 7,500 shares traded hands during trading, an increase of 268% from the average daily volume of 2,040 shares. The stock had previously closed at $26.40.
Zalando Trading Down 10.5%
The business’s 50 day moving average is $28.01 and its 200 day moving average is $26.16.
About Zalando
Zalando SE is a European online fashion and lifestyle platform headquartered in Berlin, Germany. The company offers clothing, footwear, accessories, beauty products and related lifestyle merchandise through its digital storefronts, connecting customers with both Zalando’s own assortment and products supplied by third-party brand and retail partners.
Founded in 2008 by Robert Gentz and David Schneider, Zalando has expanded from an online footwear retailer into a broader platform serving customers across multiple European markets.
See Also
- Five stocks we like better than Zalando
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.
