Business
Why the Afterpay (ASX:APT) share price is sliding lower – Motley Fool Australia
The Afterpay share price is down nearly 3% in intraday trading. This comes as the company is drawing attention over its merchant fees.
The Afterpay Ltd(ASX: APT) share price is slipping today, down nearly 4% in early afternoon trading as the company is drawing attention over its merchant fees.
That’s heading in the opposite direction of the wider S&P/ASX 200 Index (ASX: XJO), up 0.6% at time of writing. And it puts the Afterpay share price down 7.2% from its all-time high of $104.53 reached on 9 November.
Year to date, shareholders will have little to complain about though, with Afterpay shares up 217% since 2 January.
What does…
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