Business
Reality sinks in on dim day for shares – The Australian Financial Review
The sharemarket’s assault on its record high is back on hold after the Australian benchmark fell 0.5 per cent on Thursday, with Adore Beauty one of the hardest…
PayPal CEO Dan Schulman told analysts that PayPal’s buy now pay later offering would be in Australia by the end of the second quarter, was expanding into more of Europe by year end, and the company was having “tons of conversations going on with all the leading merchants”.
The effects were felt in other ASX buy now pay later stocks: Zip fell 6 per cent to $7.20 and Sezzle 5 per cent to $8.54.
Adore Beauty, which floated in 2020 at $6.75 a share, issued revenue growth guidance implying it will fall…
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