Business
Zip, other BNPL companies in retreat after strong gains – Stockhead
Who could have seen this coming? Zip Co (ASX:Z1P) has fallen more than 10 per cent in morning trade after double-digit gains the past two days, while several other…
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Who could have seen this coming?
Zip Co (ASX:Z1P) has fallen more than 10 per cent in morning trade after double-digit gains the past two days, while several other buy now, pay later companies are also in the red.
Shortly before noon, Zip was down 13.6 per cent to $12.02, Sezzle (ASX:SZL) was down 12.1 per cent to $10.11 and Afterpay (ASX:APT) had fallen 6.2 per cent to a two-week low of $144.02.
Fatfish (ASX:FFG), whose shares nearly tripled yesterday to close at 27c, fell…
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