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.
The Afterpay (ASX:APT) share price has jumped 9% at the open after the buy now, pay later company gave a COVID-19 update.
There are plenty of ASX technology shares that have seen their share prices fall because of COVID-19. Here are some ideas for your watchlist.
The S&P/ASX 200 (INDEXASX: XJO) flew 2.5% higher on Tuesday morning as companies like Computershare Limited (ASX:CPU), Afterpay Ltd (ASX:APT) and ANZ Banking Group (ASX:ANZ) snapped back.
The Afterpay Ltd (ASX: APT) share price and WiseTech Global Ltd (ASX: WTC) share prices have been on a tear these past few days despite further economic concerns sparked by the Coronavirus.
The Afterpay (ASX: APT) share price is rebounding strongly. It’s up another 10% today to above $21.
The Afterpay Touch Group Ltd (ASX:APT) share price, Serko Limited (ASX:SKO) share price and EML Payments Ltd (ASX:EML) share prices posted massive gains today.
The Afterpay (ASX:APT) share price has suffered a 72% decline from its all-time high of $40.50 just over a month ago on 19 February 2020 due to COVID-19.
The Afterpay Ltd (ASX: APT) share price was trading 22% lower today following a 33% fall yesterday.
The Afterpay Ltd (ASX: APT) share price fell 33% today while at the same time a fellow ASX-listed technology company, Pushpay Holdings Ltd (ASX: PPH), saw its share price thrust higher.
