Business
Why the Afterpay (ASX:APT) share price just smashed its record high – The Motley Fool Australia
The Afterpay share price just cracked another record, reaching $120. We take a closer look as to what’s behind its incredible run.
The Afterpay Ltd(ASX: APT) share price has reached the magic $120 mark today as it continues to break records. Shares of the buy now, pay later (BNPL) giant reached as high as $120.77 intraday trade, but have since retreated to $120.31, up 4.98% at the time of writing.
It has been an incredible week for the Afterpay share price, which is up 25% in just the last 5 days. Its recent performance means shares in the company have now climbed an astounding 315% since this time last year.
What has been…
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