Zipcar disappoints with quarterly results, stock plunges lowest level yet


Skift Take

Zipcar's numbers were hurt by a slow down in new members, but the growing competition from peer-to-peer car sharing programs is undoubtedly a concern.
Zipcar Inc. shares tumbled to an all-time low Friday after the car-sharing network reported lower-than-expected revenue in the second quarter and cut its annual estimates... Zipcar said its revenue