|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.60 - 14.11|
|52 Week Range||11.97 - 58.12|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||23.02|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Europe’s largest online fashion retailer Zalando is betting the current slump in internet shopping is just a blip and it can avoid the kind of mass job cuts being undertaken by rivals, co-founder and co-chief executive Robert Gentz told the Financial Times. Consumer-facing tech groups including Amazon, Klarna and Shopify have cut thousands of jobs this year as the online shopping bonanza that kicked off in the first two years of the pandemic has ground to a halt. Berlin-based Zalando has also been hit hard, with revenues declining in the first half of the year for the time in its 14-year history as it suffered €668mn in cash outflows and generated €7mn of operating losses.
In this article, we discuss 10 European stocks to sell before the recession starts. If you want to skip our discussion on the economic situation in Europe, go directly to 5 European Stocks to Sell Before Recession Starts. According to the chief economist of Nomura Holdings, a majority of the world’s top economies will enter […]
Heska, Tandem Diabetes Care, Credit Suisse Group, Zalando SE and Las Vegas Sands are part of Zacks Screen of the Week article.