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Why the Afterpay share price crashed 9% lower today – Motley Fool Australia
The Afterpay Ltd (ASX:APT) share price crashed as much as 9% lower this morning. Here’s why its shares have been sold off today…
The Afterpay Ltd(ASX: APT) share price has been out of form on Friday and is on course to end the week with a sizeable decline.
In early trade the payments company’s shares fell as much as 9% to $76.13.
They have since recovered a touch but are still down a disappointing 5% to $79.68.
Why is the Afterpay share price dropping lower?
Investors have been selling Afterpay and other ASX tech shares on Friday after Wall Street’s tech-focused Nasdaq index crashed lower overnight.
The Nasdaq index …
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