Business
The Zip (ASX:Z1P) share price soars as Citigroup says 1Q update to surprise – Motley Fool Australia
The Zip Co Ltd (ASX: Z1P) share price outperformed after a top broker predicted a better than expected quarterly update from management.
The Zip Co Ltd(ASX: Z1P) share price outperformed after a top broker predicted a better than expected quarterly update from management.
The Z1P share price jumped 5.7% to $7.99 on Monday when the S&P/ASX 200 Index (Index:^AXJO) recorded a 0.5% gain.
Zip’s strong showing also left its rivals in the dust. The Afterpay Ltd(ASX: APT) share price gained 2.8% to $92 while the Splitit Ltd(ASX: SPT) share price added 4.6% to $1.59.
Near-term catalyst for the Zip share price
Investors got excited…
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