ZipRecruiter direct IPO listing’s timing to be fortuitous
ZipRecruiter, an American employment marketplace for job seekers and employers headquartered in Santa Monica might be one of the most fortuitous IPOs in its direct listing which will occur on or about May 26, 2021, under the ticker ZIP stock meaning now is a great time for both employers and employees for the company.
Two important factors have played a key role in aiding the company’s IPO sentiment. First, being the vaccine rollout. Thanks to America’s speedy, advanced and effective vaccination system, the economy is no longer at a standstill due to the pandemic. People are getting out of their houses, schools are reopening and businesses are resuming back to work. With COVID-19 cases on the decline at least for certain industries, the economy will bounce back, boosting the case for ZIP stock.
Second, is the company’s underlying Artificial Intelligence Algorithm- by utilizing AI initiatives the company would be able to cut down the monotonous work an HRÂ manager has to go through sifting through and analyzing hundreds of resumes pouring by the minute facilitating time-saving and more efficient and effective work. This is going to be a godsend as many white-collar workers would be returning to their normal everyday work routine including hunting for a job bolstering the ZIP stock.
