Zalando shares seen down after BaFin's probe into financial statements
26/06/2026 06:54
BUZZ-Zalando shares seen down after BaFin's probe into financial statements ** Shares in Zalando ZALG.DE slump 19.1% in pre-market indications after Germany's finance watchdog BaFin launched an investigation into the online fashion retailer's consolidated financial statements as of December 31, 2025 and an accompanying management report
** Information regarding a transaction with a related party in connection with the acquisition of About You YOUG.DE may have been incorrectly omitted from notes to consolidated financial statements, according to BaFin
** "Seems not as harsh as Gerresheimer GXIG.DE transaction on first sight but will it help?" a local trader says
** The stock is seen at the bottom of Germany's blue-chip index .GDAXI
(Reporting by Ozan Ergenay)
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