Business
The Zip (ASX:Z1P) share price has slumped 26% in 8 days – The Motley Fool Australia
Despite record FY21 half year results this week, the Zip (ASX: Z1P) share price finds itself down by nearly 20% this week. What’s going on?
Despite nearly doubling this year, Zip Co Ltd(ASX: Z1P) shares have taken a beating in the last two weeks. As the trading week draws to an end, the Zip share price is sitting on falls of more than 26% since the market’s close on Tuesday last week.
So what’s going on?
Why is the Zip share price so volatile this week?
The Zip share price has slumped by more than 18% this week alone despite the company reporting strong levels of growth across the board in its FY21 half-year result.
Results aside,…
-
Noosa News23 hours agoMajor crash on Gateway Motorway snarls morning commute
-
Business20 hours agoThis ASX 200 mining stock is eyeing the lithium throne
-
Noosa News18 hours agoDriver arrested after life-threatening hit-and-run on outskirts of Ipswich, Queensland
-
Business18 hours agoThe best ASX shares to buy and forget for 10+ years