Articles On Splitit (ASX:SPT)

ASX buy now, pay later (BNPL) shares suffered through June, falling as much as 58% in just 30 days. Interestingly, most ASX-listed companies in the field were silent during this time. Here’s how the ASX’s most renowned BNPL shares perf...

We’re nearly at the end of the 2022 financial year. I think there are some really good investment lessons to take from the last 12 months. It has been a very eventful year, including the normalisation of COVID-19 in Australia, asset prices...

The share market clawed back a fraction of this month’s heavy losses, rising for the first week in three as some of this year’s worst-performing sectors rebounded. The S&P/ASX 200 climbed 50 points or 0.77 per cent this afternoon. Th...

The share market extended its advance for the week as gains in tech and defensive sectors outweighed declines in energy and financials. The S&P/ASX 200 swung to a gain of 30 points or 0.46 per cent by mid-session. The rally kept the...

The Zip Co Ltd (ASX: ZIP) share price continued to sink to multi-year lows today. For the first time since 2016, the buy-now pay-later (BNPL) company’s shares closed at less than 50 cents apiece. To be precise, Zip shares lost 11.43% tod...

Risk-off moves on overseas markets thwarted a second day of gains for Australian shares amid doubts over the resilience of this week’s bear market rally. The S&P/ASX 200 unwound a 34-point opening surge as US equity futures retreated...

The share market gave up a second day of gains as declining US equity futures sapped buyer enthusiasm after last night’s Wall Street rebound. The S&P/ASX 200 faded to a mid-session loss of 19 points or 0.3 per cent after earlier risi...

The share market’s losing run extended to a fourth session and a fresh 16-month closing low amid risk aversion ahead of tonight’s US interest rate decision. The S&P/ASX 200 finished near its lowest point of the day, down 85 points or...

Aussie shares fell for a fourth session after the Reserve Bank warned inflation could near 7 per cent this year, prompting a series of aggressive interest rate rises. The S&P/ASX 200 declined 25 points or 0.37 per cent by mid-session...

The Zip Co Ltd (ASX: ZIP) share price has tanked to fresh six-year lows today. But some company insiders may not be surprised by its dramatic fall from grace. Zip’s CEO and co-founder Larry Diamond was warned eight months ago that there...

The Zip Co Ltd (ASX: ZIP) share price fell to new six-year low today as the federal government flagged new regulations for the Buy Now, Pay Later (BNPL) sector. The Assistant Treasurer and Minister for Financial Services, Stephen Jones, br...

Heavy selling among mortgage lenders dented strong early gains as the share market struggled to move past yesterday’s jumbo interest rate rise. The S&P/ASX 200 finished 25 points or 0.36 per cent ahead after earlier rising as much as...

Takeover interest and positive overseas leads helped settle share market jitters after yesterday’s bumper interest rate rise. The S&P/ASX 200 bounced 50 points or 0.71 per cent by mid-session. The rally reversed almost half of yester...

Australian shares suffered their heaviest loss in more than three weeks after the Reserve Bank raised its benchmark rate by 50 basis points to 0.85 per cent. The dollar jumped and shares slumped when news of the bumper hike was released....

Shares fell for a second day as downbeat economic data underlined cost of living pressures ahead of an expected rate rise this afternoon.   A broad sell-off drove the S&P/ASX 200 down 63 points or 0.88 per cent by mid-session. All...

The Zip Co Ltd (ASX: ZIP) share price crashed to a near four-year low this morning as the ASX tech sector came under intense selling pressure. The S&P/ASX All Technology Index (ASX: XTX) shed almost 6% shortly after the open following...

What a rollercoaster year it has been for the Zip Co Ltd (ASX: ZIP) share price. From reaching an all-time high of $14.53 around 12 months ago to bottoming out to a multi-year low of 97 cents today. To save you doing the math, that represe...

The Splitit Ltd (ASX: SPT) share price is on a wild ride today. In early trade it hit a high of 31 cents — a gain of almost 9%. But it has since slumped and at the time of writing is 25.5 cents — down 10.53% on Wednesday’s close. For compa...

One ASX buy now, pay later (BNPL) has had a stellar month, outperforming Zip Co Ltd (ASX: ZIP) and other payment technology shares. The Splitit Ltd (ASX: SPT) share price surged to 33 cents before midday today. This is 113% higher than th...

After soaring in the pandemic-led tech boom, many of the tiny fintech stocks in this space have capitulated. A reflection of the competitive and challenging market it’s now become. The post Splitit, Openpay, and Laybuy Share Prices all Spik...

The S&P/ASX 200 reclaimed more than 1% in Thursday trade after copping a straight hat-trick of losses. The major energy names and big Papa miners like Rio, Fortescue and BHP climbing strongly after falling even more strongly these last...

The Splitit Ltd (ASX: SPT) share price is launching upwards on Thursday following the release of its latest quarterly results. The buy now, pay later (BNPL) company that allows consumers to split payments using their existing credit line a...

Splitit Payments (SPT) achieves US$101 million (A$141.8 million) in merchant sales volume for the March quarter, marking a 23 per cent year-on-year increase The payment solutions provider also generated US$2.6 million in revenue and a 43 p...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

First up, ladies and gents, inflation has spiked way above what the RBA and everyone else was expecting. The headline consumer prices rose 5.1% over the year – consensus was looking at around 4.6% – which frankly would’ve been bad enough bu...

The Splitit Ltd (ASX: SPT) share price is up 18.42% in afternoon trade. But for most of Wednesday the buy now, pay later (BNPL) player has soared around 30% higher, peaking mid-morning at 26 cents – a pop of 36.84%. However, this comes on...

ASX gives back early gains on Wednesday Small caps whacked as Fed Hawks get hawky, bonds get toppy, coal prices surge, oil prices plunge… again And now the market news in briefs. Unlike the no-frills, straight-shooting ASX Emerging Compan...

Last month was a rough one for most ASX buy now, pay later (BNPL) shares. While the broader market ended the month in the green – the All Ordinaries Index (ASX: XAO) and S&P/ASX 200 Index(ASX: XJO) each gained 6.3% in March – nearly al...

The Zip Co Ltd (ASX: Z1P) share price has sunk around 90% since February 2021. Looking at the last 12 months, it is the worst performer in the S&P/ASX 200 Index (ASX: XJO). It’s down by around 80%. It has been a painful period for many...

Afterpay owner Block Inc has rallied by ~50% in the past month But pro investor Dean Fergie is less bullish on the ASX fintech sector Fergie says BNPL and fintech lenders still need to prove their worth as rates rise.   If ASX tech compan...

The Zip Co Ltd (ASX: Z1P) share price has been one of the worst performers on the ASX in 2022. Is it so cheap that it’s now a bargain? Zip is one of the larger global buy now, pay later players. Zip’s share price demise This year alone has...

The ASX Emerging Companies (XEC) index is busting out after a three-session losing streak that felt like ten days. I should know, I spent a week in Canberra one afternoon when I was about 15. Anyway, the index for sensational small caps is...

Monthly payments favoured over pay-in-four for larger purchases, while home décor, home improvement, travel and luxury categories among those to benefit in 2022 NEW YORK, Feb. 4, 2022 /PRNewswire/ — New data revealed by Splitit (ASX:SPT)...

Key Points Splitit shares slide regardless of company appointing experienced industry exec Incoming CEO, Nandan Sheth to serve as CEO from 28 February Current interim CEO, John Harper will oversee transition The Splitit Ltd (ASX: SPT) s...

Splitit Payments (SPT) appoints Nandan Sheth as Chief Executive Officer effective from February 28, 2022 The company says Mr Sheth has domain expertise through his work at large payment companies, major banks, Fortune 100 companies and dis...

US stocks volatile ahead of Fed meeting Overnight, US stocks swung from losses to finish the day in positive territory at the final hour, as investors readjust positions ahead of the US Fed meeting later today. All three major benchmarks ga...

The Sezzle Inc (ASX: SZL) share price has fallen approximately 70% in the last six months. That is a large decline. In-fact, it has been a pretty rough few months for several operators including Afterpay Ltd (ASX: APT), Zip Co Ltd (ASX: Z1...

Ouch. The ASX has closed the third trading day of the year with a melt down of 2.74%. The Australian sharemarket has suffered its biggest one-day fall in 16 months, since 4 September 2020. The selling has been widespread with every sector...

A volatile start to the new year continued with the share market’s heaviest loss since 2020 after the threat of tighter monetary policy spooked Wall Street. The S&P/ASX 200 tumbled 207.5 points or 2.74 per cent. The decline surpassed...

The ASX 200 plummeted ~2.7% today, with a huge 6% selloff in the Tech sector weighing heavily on the index. All eleven sectors were in the red, following falls in Wall Street overnight that saw tech heavy Nasdaq slipping by 3.3%. Recent inv...

It was a prosperous year for Australian equities in 2021. Most of the ASX shares in the top 200 shook off concerns of new COVID-19 strains and tightening monetary policy by central banks. However, some companies weren’t as fortunate throug...

Tech stocks steered the share market lower for a second day following sharp falls on Wall Street ahead of higher rates this year. The S&P/ASX 200 retreated 98 points or 1.3 per cent by mid-session. The technology sector skidded to...

The broader negative re-rating for ASX BNPL stocks — market darlings in the post-COVID boom — has continued with another sharp selloff this morning. Afterpay (ASX:APT) got belted after its soon-to-be parent, Nasdaq-listed Block Inc, slumped...

The S&P/ASX 200 climbed to within 13 points of a record before turning lower as the Santa rally lost momentum.   The benchmark hit 7620.2 in early trade, then faded to a mid-session deficit of 21 points or 0.27 per cent. The broader...

Despite the threat of persistent inflation and rising interest rates hanging over the sector’s head, the S&P/ASX All Technology Index (ASX: XTX) managed to eke out a 3.72% return out of 2021. But of course, some of those ASX shares far...

2021 followed a stellar year for the ASX buy now, pay later (BNPL) sector. Unfortunately, it didn’t bring the same glory for most of the sector’s participants. In fact, these 5 ASX BNPL companies all saw their share price more than halve o...

After a face-ripping post-COVID rally in 2020, the ASX BNPL sector made the difficult transition from market darling to industry consolidation in 2021. It resulted in a BNPL rollercoaster that finished on a down-ramp. Will the bearish senti...

I think there are some important investment lessons to be learned from 2021. It has been another eventful year. COVID-19 continues to make headlines and cause impacts on various industries. The ASX travel share industry isn’t the only secto...

Buy now, pay later (BNPL) companies were among the stock market darlings of 2020 – and nowhere more than in Australia, the birthplace of pioneering companies Afterpay and Zip Co. There are 15 BNPL companies listed on the Australian Securiti...

If you’re a long-term holder of Buy Now Pay Later (BNPL) stocks, right now, we are witnessing the decline of this over-inflated sector. It highlights, yet again, the importance of focusing on quality businesses, rather than chasing the late...