Business
Afterpay, Zip Co fall sharply amid BNPL sell-off – Stockhead
The red-hot BNPL sector is getting a dose of cold water to end the week amid a broader tech sell-off. Zip Co (ASX:Z1P) and Afterpay (ASX:APT) both slumped by as…
Link copied toclipboard
The red-hot BNPL sector is getting a dose of cold water to end the week amid a broader tech sell-off.
Zip Co (ASX:Z1P) and Afterpay (ASX:APT) both slumped by as much as 10 per cent at the opening bell.
But it wasn’t just an Afterpay/Zip Co problem, with Sezzle (ASX:SZL) also down 10 per cent at one point while every stock in the ASX’s BNPL cohort was trading in the red.
As part of Afterpay’s half-year results yesterday, the company announced a $1.25bn convertible note issue…
-
Noosa News23 hours agoLachie Neale gives himself ’50 per cent’ chance of improbable grand final appearance after calf injury
-
Business18 hours agoWhere to invest $20,000 in ASX ETFs for 2026 and beyond
-
Noosa News20 hours agoQueensland Police Commissioner Steve Gollschewski to return to work after ‘second chance at life’
-
Noosa News9 hours agoTwo in five Brisbane streets have no footpaths, with council building about 4km of new paths last year