Business
If the ASX BNPL party is over, what’s next? – Motley Fool Australia
ASX BNPL shares collapsed yesterday, continuing a trend that started on 28 August. If the BNPL party is over, where are tomorrow’s superstars?
Wednesday saw theS&P/ASX 200 Index (ASX: XJO) drop by 2.15% with large scale falls throughout the market. Moreover, the buy now, pay later (BNPL) sector was particularly hard hit with Sezzle Inc (ASX: SZL) the biggest loser. Sezzle saw its share price fall by 7.47%. Although, this was only the latest fall. The ASX BNPL sector has been on a slide since 28 August.
The sudden fall of the ASX BNPL sector
The Sezzle share price hit its year to date high mark on 28 August. Since then it has col…
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