Zip Says JPMorgan Chase Reduces Stake

MT Newswires Live

05/11

Zip (ASX:ZIP) received notice that JPMorgan Chase and its affiliates decreased their holdings in the company to 6.39% from 7.42%, according to a Monday Australian bourse filing.

JPMorgan Chase and its affiliates now own 80.4 million shares in the company, the filing said.

Its shares rose around 1% in recent Monday trade.

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