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Zip (ASX:Z1P) share price defies broader market-sell off. Here’s why – Motley Fool Australia

The Zip Co Ltd (ASX: Z1P) share price is storming higher today following the release of a new product offering. We take a closer look.

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The Zip Co Ltd(ASX: Z1P) share price is storming higher today following the release of a new product offering. In early morning trade, the Zip share price is up 2.65% to $7.36. In comparison, the S&P/ASX 200 Index (ASX: XJO) is down 0.1% to 6,235.9 points.
Let’s take a look at what Zip released to the market.
What’s moving the Zip share price?
This morning the Zip share price is on the rise after the company announced it has launched its Tap & Zip product, which enables customers to m…

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