Macquarie Group Limited ( (AU:MQG) ) has issued an update.
Macquarie Group Limited has announced that it has ceased to be a substantial holder in ZIP Co Limited, indicating a change in its investment strategy or portfolio management. This move may impact Macquarie’s positioning in the financial market and could have implications for its stakeholders, reflecting a potential shift in focus or reallocation of resources.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services company that operates in various sectors, including banking, financial, advisory, investment, and funds management services. The company is known for its expertise in infrastructure, energy, and commodities markets, serving a diverse range of clients worldwide.
YTD Price Performance: -5.96%
Average Trading Volume: 317
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $45.87B
Learn more about MQG stock on TipRanks’ Stock Analysis page.