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).
The ASX 200 (ASX:XJO) is set to open higher on Tuesday. Treasury Wine (ASX:TWE), Santos (ASX:STO) and Nuix (ASX:NXL) shares are making headlines.
Zip (ASX: Z1P) shares have fallen roughly 30% over the last couple of weeks. Has this presented a buying opportunity? Here’s my take on the situation.
The Openpay Group Ltd (ASX: OPY) share price hasn’t moved a lot since the release of its half-year results for HY21. It’s also moving at a slower pace than the other buy-now-pay-later (BNPL) players, why is this so?
The Zip Co Ltd (ASX:Z1P) share price has tumbled 30% from its all-time high set in February. Is there anything to be concerned about?
The Zip Co Ltd (ASX: Z1P) share price is down around 3%. Other ASX tech stocks are down over 1% such as the Afterpay Ltd (ASX:
The S&P/ASX 200 (INDEXASX:XJO) is expected to tumble when the market opens on Friday. BNPL rivals Zip (ASX:Z1P) and Afterpay (ASX:APT) shares are in the news.
The Zip Co Ltd (ASX:Z1P) share price is down 7% right now as investors digest its FY21 half-year result.
The Zip Co Ltd (ASX:Z1P) share price is down more than 5% after the buy now, pay later revealed strong growth in its HY21 result.
The share prices of Afterpay Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) are down 8% and 7% respectively. Is it time to panic?
