Business
Why the Afterpay (ASX:APT) share price could be a buy – Motley Fool Australia
The Afterpay Ltd (ASX: APT) share price is down nearly 25% from its all-time high. Does that put it back in the buy zone today?
The Afterpay Ltd (ASX: APT) share price has been the darling of the S&P/ASX 200 Index (ASX: XJO) for some time now.
Shares in the buy now, pay later (BNPL) leader have rocketed in value in recent years. In fact, the Afterpay share price is up 141.1% in 2020 and 2,403.1% since its first closing price on 30 June 2017.
All of these numbers would suggest that Afterpay is not a great buy right now. However, shares in the BNPL company have slumped 23.1% since hitting a new record high in late A…
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