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Why the Zip share price is plummeting 15% today – Motley Fool Australia
The Zip Co Ltd (ASX: Z1P) share price is plummeting today, down 11%. What’s behind the sell-off, and is this dip a good buying opportunity for Zip shares?
The Zip Co Ltd(ASX: Z1P) share price is plunging today, down 11.64% at the time of writing to $7.06 a share. Z1P shares opened at $7.26 this morning after closing at $8.01 yesterday and were down to $6.57 at one point, highlighting the swift and decisive nature of this move.
Zip shares have had a rollercoaster ride over the past fortnight. Exactly 2 weeks ago, Zip shares were asking $6.24. By 24 August, the Zip share price was up to $7.45 and by 26 August it was $9.65. After printing a new all-…
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