Ziprecruiter (ZIP) Shares Hit Highest Point Since May

Ziprecruiter (ZIP) shares are up 40% in 2023. George Tsilis joins Alex Coffey and Jenny Horne to discuss ZIP as its shares reached their highest point since May 2022. He talks about how ZIP is a job market for job seekers and employers. He notes that the company's technology streamlines the hiring and the job hunting process and job postings are distributed to approximately 1000 sites. He then goes over how the state of the current job market could present challenges to ZIP and ZIP's earnings are expected to be lower than previously, but the stock price has been higher. Tune in to find out more about the stock market today.