Business
Could the Zip share price be ready to have a crack at $10 again? – Motley Fool Australia
Could the Zip Co Ltd (ASX: Z1P0 share price have another crack at its previous record all-time high following its recent resurgence?
The ZipCoLtd(ASX: Z1P) share price came crashing down as fast as it went up. In a matter of just 15 trading sessions it climbed from $6.70 to $10.50 and back to $6.70 again. With the PayPal fears behind us, could the Zip share price be ready to have a crack at $10 again?
Paypal fears forgotten
The reason for the initial broad BNPL sell off was due to PayPal launching a very similar product. This product will allow customers to pay for a purchase in four instalments over a six-week period, wi…
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