ZipRecruiter passes its Stock Exchange debut with flying colours
The value set at $2.7 billion, the online recruitment platform has seen a jump of 10% in its shares at its NYSE. The economy getting almost back on track to reopening is also a factor for this promotion. The first-quarter report for 2021 has been in the favour of the company (11% rise).
ZipRecruiter charges a fee from the employers that put out job requirements. As the country gradually returns back to normal, with the vaccination drive going smooth and at the expected pace, employers again have started to put out for applicants. Thus, the change in the market growth of the company shares since April.
