ZAL.DE is trading at €19.18, down 5.07% today as a deepening standoff between Zalando and the Erfurt works council over cost-cutting plans pressures the stock.
- Shares slid to €19.46 during the session, nearing the 52-week low of €18.79 as the labor dispute over the Erfurt shutdown battle intensifies.
- The decline marks the latest leg in a persistent downtrend, further weighed down by broader European market caution and a lack of other major catalysts.