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Why the Laybuy (ASX:LBY) share price is tanking today – Motley Fool Australia
The Laybuy Holdings Ltd (ASX :LBY) share price is down more than 6% today. Are Laybuy shares a buy after this sell-off? Or should investors just Laylow?
The Laybuy Holdings Ltd(ASX: LBY) share price is tanking today, down 6.55% at the time of writing to $1.92 a share. LBY shares opened at $1.94 this morning and have essentially remained flat for the rest of the trading day after closing at $2.06 yesterday.
It’s been a topsy-turvy ride for Laybuy, the ASX’s newest buy now, pay later (BNPL) share to get investors’ blood pumping. Laybuy only IPOed on the ASX boards earlier this week. We are talking about an ASX baby here.
That being said, the com…
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