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 Zip Co Ltd (ASX:Z1P) share price is going nuts. It rose 13% on Monday and it’s up 64% since 20 January 2021.
The S&P/ASX 200 (INDEXASX:XJO) is expected to open flat on Monday. News Corporation (ASX:NWS) and REA Group (ASX:REA) shares are in the news.
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The S&P/ASX 200 (INDEXASX:XJO) won’t be going anywhere today with the ASX closed for the national public holiday. Youfoodz (ASX:YFZ) and PointsBet (ASX:PBH) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to open higher on Monday. Lynas Rare Earths Ltd (ASX:LYC) and Zip Co Ltd (ASX:Z1P) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is expected to fall when the market opens on Friday. Zip Co (ASX:Z1P) and Netwealth (ASX:NWL) shares are in the news.
The Zip Co Ltd (ASX:Z1P) share price could be a mover today after the buy now, pay later business released its FY21 second quarter update.
The Afterpay Ltd (ASX:APT) share price went up 9.75% today along with many others in the buy now, pay later industry.
The Zip Co Ltd (ASX:Z1P) share price is at a six-month low, does that mean it’s worth considering as a buy?