ZIM Integrated Shipping Services Ltd ( ZIM ). stock is moving lower on Friday after the International Longshoremen’s Association, the union that advocates for U.S. dockworkers currently on strike, suspended its strike until January 15.

The Details: The strike resulted in operations coming to a halt at many ports on the eastern seaboard along with the Gulf Coast.

The union resumed work after it reached a tentative deal with the United States Maritime Alliance (USMA), a group representing various shipping industry stakeholders, including ZIM.

The deal, according to CBS, addresses major disputes between USMA and the union. It includes a 61.5% pay increase over the next six years and it puts in place protections for workers from automation. The two sides will continue to negotiate other issues between now and January.

According to the New York Times, the deal comes after the White House pressured both sides to reach an agreement. President Joe Biden told NYT, "We've been working hard on it. With the grace of God, it's going to hold."

How To Buy ZIM Stock

By now you're likely curious about how to participate in the market for ZIM Integrated Shipping – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of ZIM Integrated Shipping , which is trading at $18.32 as of publishing time, $100 would buy you 5.46 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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ZIM Price Action: As of Friday morning, ZIM stock is trading 13.5% lower at $18.75, according to data from Benzinga Pro.

Image: Courtesy of Zim