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Shares of Zalando SE (OTCMKTS:ZLDSF - Get Free Report) crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $28.62 and traded as low as $26.40. Zalando shares last traded at $26.40, with a volume of 300 shares changing hands. Zalando Stock Performance The

Zalando ETR: ZAL said its second-quarter results kept the company on track for its 2026 profit targets, although it narrowed its full-year growth outlook to the lower half of its prior range after softer demand in sneakers weighed on first-half performance.

The German online retailer posted soft results for the second quarter and narrowed its guidance for the year as a whole.

European retailer Zalando on Tuesday forecast 2026 revenue ​and growth to land in the lower half of its ‌previously guided range and narrowed its adjusted operating profit outlook, sending its shares down 9% in pre-open trade in Frankfurt.

Zalando is being investigated by Germany's financial watchdog over its 2025 financial statements, the regulator said on Friday, adding it had concrete ​evidence the online fashion retailer breached accounting regulations.