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 rocketed 16.5% higher today as investors reacted to its March 2019 quarter update.
Zip Co Limited (ASX:Z1P) shares are up 6% this morning following the release of the quarterly update. What was in the report?
How does Afterpay Touch Group Ltd (ASX:APT) compare to Zip Co Ltd (ASX:Z1P), Sezzle, Flexigroup Limited’s (ASX:FXL) Humm and Splitit Payments Ltd (ASX:SPT)?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.26% at lunch.
Could the Zip Co Ltd (ASX: Z1P) share price be a takeover target?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.06% on Monday.
The Zip Co Ltd (ASX:Z1P) share price went up 12% today, making it one of the best performing ASX shares today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.09% at lunch.
Zip Co Ltd (ASX:Z1P) shares have dropped 2.4% after returning to trade from a capital raising.
