ZipCar Inc (NASDAQ:ZIP)
CAPS Rating:
The world’s largest car sharing and car club service, Zipcar provides wheels when you want them.
The world’s largest car sharing and car club service, Zipcar provides wheels when you want them.
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Zipcar, Inc. (ZIP) has a short interest of 39% and is down 26% over the last three months – Zipcar disappointed on second quarter results and lowered guidance. The marketing overall is expected to take several quarters, coupled with European headwinds, the company has come under pressure. One insider has been aggressively buying up shares of the company though.