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Why the Zip Co share price rocketed 54% higher in August – Motley Fool Australia

The Zip Co Ltd (ASX:Z1P) share price was a very strong performer in August and rocketed a massive 54% higher. Here’s why…

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The Zip Co Ltd(ASX: Z1P) share price was among the best performers on the Australian share market last month.
The buy now pay later provider’s shares stormed a remarkable 54% during the month of August.
Why did Zip Co share price smash the market in August?
There were a couple of reasons for Zip Co’s incredibly strong performance last month.
The first was its impressive performance in FY 2020, which led to the company reporting an 87% increase in transaction volume to $2.1 billion and a 91% …

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