ZIM (ZIM) Moves 7.5% Higher: Will This Strength Last?

ZIM Integrated Shipping Services (ZIM) shares ended the last trading session 7.5% higher at $14.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 36.2% gain over the past four weeks.The uptick followed an upgrade of the stock by Jefferies to buy from hold as the Red Sea crisis — and the Middle East situation in general — is worsening. While upgrading the stock Jefferies shipping analyst Omar Nokta said “Red Sea d ...