Business
Tyro (ASX:TYR) share price drops despite April transaction values surging 155%
The Tyro Payments Ltd (ASX: TYR) share price is slipping today, despite yet another positive COVID-19 trading update.
At the time of writing, the Tyro share price is down 2.3% to $3.83 per share. However, Tyro shares have rebounded more than 50% in the last 3 months following the company’s crippling terminal outages and scathing short seller attack back in January.
While its recovery story is in its early days, the business has so far shown promise in improving its transaction values and driving additional growth initiatives.
What’s driving the Tyro share price?
Today’s COVID-19 trading update highlights a 155%…
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