Business
Why the Zip (ASX:Z1P) share price is storming 10% higher today – The Motley Fool Australia
Here’s why the Zip Co Ltd (ASX:Z1P) share price is one of the best performers on the ASX 200 on Monday and rocketing notably higher…
One of the best performers on the S&P/ASX 200 Index (ASX: XJO) on Monday has been the Zip Co Ltd(ASX: Z1P) share price.
In afternoon trade the buy now pay later provider’s shares are up a massive 10% to $9.60.
This means the Zip share price is now up a remarkable 72% since the start of 2021. As a comparison, the ASX 200 is up around 3% year to date.
Why is the Zip share price surging higher?
Investors have been fighting to buy Zip’s shares this year thanks largely to its impressive second quarter…
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