Zalando (OTCMKTS:ZLDSF) Stock Price Down 8.3% – Here’s Why

Zalando SE (OTCMKTS:ZLDSFGet Free Report)’s stock price dropped 8.3% during trading on Thursday . The company traded as low as $34.08 and last traded at $34.08. Approximately 472 shares changed hands during trading, a decline of 51% from the average daily volume of 971 shares. The stock had previously closed at $37.15.

Zalando Trading Down 8.3 %

The firm has a 50-day simple moving average of $31.21 and a two-hundred day simple moving average of $27.29.

Zalando Company Profile

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Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.

Further Reading

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