Ziprecruiter Inc-A

Zip Co plans a $50 million share buyback after its stock plunged 37% in two days. The move comes despite management forecasting flat second-half earnings and increased credit losses.

Zip Co Ltd shares crashed 34.4% following its half-year report, as a forecast for flat profit growth in the second half rattled investors. The stock hit its lowest level since May 2025.

Zip Co shares advanced 2.8% to A$2.58 in Sydney trading, extending a two-session rally ahead of Thursday's half-year results. The buy-now-pay-later stock often experiences significant swings around earnings announcements.