Zip Co Ltd (ASX:ZIP) provides customers with a revolving line of credit to finance their retail purchase with its brands of Zip Pay, Zip Money and Pocketbook. It is one of the largest Buy Now, Pay Later (BNPL) providers in Australia. Some of its largest clients include Bunnings Warehouse, Appliances Online, EB Games and Officeworks. Zip Co shares once traded under the ‘Z1P’ ticker symbol but have since changed to ‘ZIP’ (the old Ziptel ASX ticker symbol).
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The S&P/ASX 200 (ASX:XJO) continued its positive run on Wednesday as Magellan (ASX:MFG) and Telstra (ASX:TLS) shares made headlines.
The Zip Co Ltd (ASX: Z1P) share price has been up and down like a yo-yo this week. What’s going on? And what’s next for its share price?
Treasurer Josh Frydenberg is introducing new payment laws that may affect players like Apple, Afterpay Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P).
The S&P/ASX 200 (ASX:XJO) rallied on Tuesday, supported by positive news on the severity of Omicron. Zip (ASX:Z1P) shares are in the news.
The share price of BNPL provider Zip Co Ltd (ASX: Z1P) has shot up 8% this morning after the business provided a November trading update.
The S&P/ASX 200 (INDEXASX:XJO) managed to eke out a tiny gain on Monday as Bapcor (ASX:BAP) and BNPL shares like Zip (ASX:Z1P) made headlines.
The Zip Co Ltd (ASX: Z1P) share price sunk 10.14% and Sezzle Inc (ASX: SZL) plummeted 15.61% as interest rates, inflation and infection take over.