BZ is a ticker that we wrote extensively about in our deep dive article published slightly more than a year ago. This article is a follow-up piece aiming to offer updates in light of the BZ's recent selloff and plummeting of its stock price. Stock price decline on the back of weaker growth outlook for 2H24 due to worsening near-term macro headwinds BZ stock price for the past 1 year, retrieved from Yahoo Finance Stock price was performing consistently well...: BZ's stock performed notably well for much of the 1H24, showing a gradual and consistent upward trend. The company's strong 1Q24 earnings (which we summarised here under the BZ section) also definitely helped with this positive momentum. ...Until concerns of macro weakness resurfaced: However, the stock price started to see massive decline since May at the back of investor concerns on weakening recruitment demand stemming from macro weakness.

1. 2Q24: Management noted that after a strong 1Q, the

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