Business
The Tyro (ASX:TYR) share price has crashed over 20% in the past month // The Motley Fool Australia
There’s no doubt the Tyro Payments Ltd (ASX: TYR) share price had a tumultuous January, after the company experienced a service outage for over six days straight last month. The issue has yet to be completely resolved.
Considering that Tyro is the largest eftpos provider outside of the big four banks, the impact of the service failure is extensive. Small businesses, in particular, suffered from the blow of Tyro’s outage, and the Tyro share price plummeted amid the controversy.
What has the Tyro share price been doing over the past month?
The lowest day for Tyro during the past month was 15 January. The Tyro share price fell over 27% that day to close at $2.32.
This price dip was brought on by a short seller which claimed…
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