Afterpay Ltd (ASX:APT) is the owner of the popular “buy now, pay later” app. Afterpay has over 9 million registered users worldwide, making it one of Australia’s true technology success stories. Afterpay is trying to emulate its outstanding success in Australia by expanding its reach into the UK, using the ‘Clearpay’ brand name, and into the USA, where it has signed major social influencers to endorse its service.
Is it worth buying Afterpay Touch Group Ltd (ASX:APT) shares with the share price currently sitting above $20?
Zip Co Ltd (ASX:Z1P) shares have dropped 2.4% after returning to trade from a capital raising.
I would much rather buy shares of Altium Limited (ASX:ALU) than Afterpay Touch Group Ltd (ASX:APT) at the current prices.
One of Afterpay Touch Group Ltd’s (ASX:APT) main rivals, Zip Co Ltd (ASX:Z1P), has entered a trading halt.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.20% at lunch.
Pushpay Holdings Ltd (ASX:PPH), WiseTech Global Ltd (ASX:WTC) and Afterpay Touch Group Ltd (ASX:APT) are three fast growth ASX technology shares.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.67% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.93% on Thursday.
An Afterpay Touch Group Ltd (ASX:APT) director has sold around $3 million of shares, is it time to worry?
