Business
Afterpay (ASX:APT) share price dives 7% despite US-listed rival surging on results – The Motley Fool Australia
The Afterpay (ASX: APT) share price is sinking today whiles its US rival Affirm delivered an upbeat quarterly result. Let’s take a look.
Home / Sector / BNPL shares / Afterpay (ASX:APT) share price dives 7% despite US-listed rival surging on resultsThe Afterpay Ltd(ASX: APT) share price has slumped 7% lower to $90, driven by today’s broader weakness in tech and the Nasdaq Composite (NASDAQ: .IXIC) selling off overnight.
Amid the weakness in local BNPL shares, US-listed Affirm Holdings Inc(NASDAQ: AFRM) delivered an upbeat quarterly result with its share price jumping 5.56%.
With the US market as the most important growth region…
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