Articles On Zip Co (ASX:Z1P)

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Why did some ASX BNPL shares plummet more than 90% in FY22?

ASX buy now, pay later (BNPL) shares were hit hard over the course of financial year 2022 (FY22), with some tumbling as much as 97%. Here’s how the market’s favourite BNPL stocks performed last financial year: Zip Co Ltd (ASX: ZIP) â...

Motley Fool Z1P 1 year ago
Zip cuts Pocketbook app loose as operational challenges hit BNPL sector

Embattled buy-now-pay-later group Zip Co (ASX: ZIP) is closing its money management app Pocketbook in the face of ‘significant changes’ to the company’s operating environment. However, the fintech says it is hoping to introduce a similar p...

businessnewsaustralia.com Z1P 1 year ago
Zip-owned money management app Pocketbook is shutting down

Money management app Pocketbook will shut down next month after a decade in business. The company, now owned by the embattled ASX-listed BNPL Zip Co., announced yesterday that it will close on August 5. In a note on its website, Pocketbook,...

Startup Daily Z1P 1 year ago
ASX Close: Trade booms, commodities rebound

A record trade surplus and a rebound in iron ore and other exports helped power the share market to its third gain of the week. The S&P/ASX 200 rallied 53.5 points or 0.81 per cent to 6648. Bulk metal miners provided most of the m...

themarketherald.com.au Z1P 1 year ago
Guess which 2 ASX shares were the best and worst All Ordinaries performers of FY22

The All Ordinaries index was well and truly out of form during the last financial year. During the 12 months, the index lost approximately 11% of its value. Among the many movers and shakers two ASX shares stand out for very different rea...

Motley Fool Z1P 1 year ago
Here are the 3 most heavily traded ASX 200 shares on Thursday

The S&P/ASX 200 Index (ASX: XJO) has had a bouncy, yet positive, day of trading so far during this Thursday’s session. At the time of writing, the ASX 200 has risen a healthy 0.42% to just over 6,620 points after nearly dropping back i...

Motley Fool Z1P 1 year ago
Why Block, Bubs, Infomedia, and Zip shares are dropping

The S&P/ASX 200 Index (ASX: XJO) is back on form on Thursday and pushing higher. In afternoon trade, the benchmark index is up 0.4% to 6,619.4 points. Four ASX shares that have failed to follow the market higher today are listed below...

Motley Fool Z1P 1 year ago
Lunch Report: 7 July, 2022

ShareCafeLunch Report: 7 July, 2022 by Melissa Darmawan   Australian stocks have rebounded, helped by Chalice Mining’s latest discovery, which has helped to lift the material sector. Gains in consumer staples and discretionary stocks have o...

ShareCafe Z1P 1 year ago
ASX Update: Iron masters lift market, but gold loses lustre

A positive week for Australian investors got back on track as iron ore rebounded after Wall Street rose for a third night. The S&P/ASX 200 rallied 25 points or 0.37 per cent towards its third gain from four sessions. Today’s advance...

themarketherald.com.au Z1P 1 year ago
Zip share price cops 6% slashing as analyst fears grow

The Zip Co Ltd (ASX: ZIP) share price is cratering in morning trade on Thursday and now sits 7% lower at 53.5 cents. Investors have pushed Zip lower today on no news. However, noteworthy is a bearish research note out of UBS today, highl...

Motley Fool Z1P 1 year ago
ASX 200 midday update: Chalice Mining jumps, Zip sinks on bearish broker note

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. The benchmark index is currently up 0.3% to 6,615.7 points. Here’s what is happening on the ASX 200 today: Bendigo and Adelaide Bank’s ac...

Motley Fool Z1P 1 year ago
June In Review: ASX Drops In June, Outperforms Globally over FY22

While the ASX200 lost -8.8% (total return) over June, the index outperformed most developed and emerging market peers for FY22. -The ASX200 lost -8.8% (total return) during June and -6.5% for FY22-Energy outperformed in June while materials...

FNArena Z1P 1 year ago
All Ords lower, but ASX tech shares rebound

An ASX tech shares rebound – possibly a dead-cat bounce – tried to drive the Australian market higher on Wednesday, but the concerns on commodity prices more than outweighed this. By the close of ASX trading, the benchmark S&P/ASX 200 (...

Rask Media Z1P 1 year ago
Evening Report: 6 July, 2022

ShareCafeEvening Report: 6 July, 2022 by Lauren Evans   Australian shares spent the afternoon in the red as commodity prices plunged on recession fears. The energy sector tumbled 5.8 per cent, with materials down 5 per cent. Real estate was...

ShareCafe Z1P 1 year ago
Closing Bell: Not so complex now, as investors ditch commodities en masse

Small Caps, ASX 200 slide on commodities sell off Energy, resources, materials all down circa 5% off setting gains for IT et al BNPL names are back in the green   This is difficult, maudlin trade to watch. Two speed investing at its fines...

Stockhead Z1P 1 year ago
ASX Large Caps: Energy and Mining drag blue chips down as recession fears bite

The ASX fell by 0.34% today Energy and Mining sectors fell by 5% each as recession fears bite A flood of economic data to be released in the US this week   Recession fears continue to dictate markets as major bourses in Asia, including th...

Stockhead Z1P 1 year ago
Why is the Nanosonics share price jumping 10% on Wednesday?

The Nanosonics Ltd (ASX: NAN) share price is having a very strong day on Wednesday. In afternoon trade, the infection prevention company’s shares are up over 10% to $3.96. What’s going on with the Nanosonics share price? Investors have...

Motley Fool Z1P 1 year ago
ASX Update: Tech stocks soar as miners, oilers swoon

A recovery in the beaten-down tech sector helped cushion the share market against a severe plunge on commodity markets. The S&P/ASX 200 slid 32 points or 0.5 per cent by mid-session. A horror night for oil and other commodities pu...

themarketherald.com.au Z1P 1 year ago
Lunch Report: 6 July, 2022

ShareCafeLunch Report: 6 July, 2022 by Melissa Darmawan   The Australian sharemarket has been choppy this morning, trading as low as 0.5 per cent before rebounding to a gain of 0.2 per cent to then fall again. Information technology shares...

ShareCafe Z1P 1 year ago
ASX 200 midday update: BHP and Fortescue sink, EML and ZIP jump

At lunch on Wednesday, the S&P/ASX 200 Index (ASX: XJO) has been fighting hard to stay in positive territory but is falling short. The benchmark index is currently down 0.25% to 6,612.4 points. Here’s what is happening on the ASX 2...

Motley Fool Z1P 1 year ago
Zip share price reignites with a 19% rally amid tech bounce

The Zip Co Ltd (ASX: ZIP) share price is back on the horse on Wednesday. Its recovery comes as the S&P/ASX 200 Information Technology Index (ASX: XIJ) leads the market, gaining 3.57%. At the time of writing, the Zip share price is 60.5...

Motley Fool Z1P 1 year ago
How to buy Zip Co (ASX: Z1P) shares | Canstar

How to buy Zip Co (ASX:Z1P) shares. MARISSA HAYDEN. Content Producer · 04 July 2022. fact-checked. Fact checked. Interested in buying Zip Co (Z1P) ...

canstar.com.au Z1P 1 year ago
Up and back down: Why is the Zip share price volatile today?

The Zip Co Ltd (ASX: ZIP) share price took off early on Monday before settling to trade just above its previous close. Its volatile movement follows a strong session on Wall Street and precedes an interest rate decision from the Reserve Ba...

Motley Fool Z1P 1 year ago
The Block share price plummeted 28% in June. Here’s why

Last month was a rough one for S&P/ASX 200 Index (ASX: XJO) tech giant Block Inc (ASX: SQ2). While there was no direct news to explain the payment services provider’s share price plunge, the broader tech sector also tumbled in June....

Motley Fool Z1P 1 year ago
The Zip share price lost 94% of its value in FY22

The Zip Co Ltd (ASX: ZIP) share price was the worst performer on the ASX 200 index during the 2022 financial year. Over the 12 months, the buy now pay later (BNPL) provider’s shares dropped from $7.57 all the way down to just 45 cents....

Motley Fool Z1P 1 year ago
ASX Today: Relief rally as US takes a break, RBA prepares to hike

Aussie shares were set to open strongly ahead as a rebound on Wall Street helped settle nerves ahead of tomorrow’s interest rate rise. ASX futures surged 96 points or 1.49 per cent, signalling early relief from three days of losses. ...

themarketherald.com.au Z1P 1 year ago
The Xero share price lost 14% last month. Here’s the tea

As most ASX investors would be aware, the month just gone was not an especially pleasing one for ASX investors or the S&P/ASX 200 Index (ASX: XJO). June saw the ASX 200 lose almost 9% of its value. But what of the Xero Limited (ASX: XR...

Motley Fool Z1P 1 year ago
What on earth happened to ASX 200 tech shares in June?

It wasn’t a great month for ASX 200 shares or the S&P/ASX 200 Index (ASX: XJO) last month. June saw the ASX 200 lose a painful 8.9% of its value. But it was a lot bleaker for ASX 200 tech shares. As is often the case, June saw ASX tech...

Motley Fool Z1P 1 year ago
ASX performance in June: Here are three top gainers and losers

Highlights The ASX 200 finished June down 8.9% at 6,568.1 points. The benchmark index fell due to rate hikes, geopolitical tensions, recession concerns and surging inflation. Investors would now hope for July to rebound sign...

Kalkine Media Z1P 1 year ago
FFX, ERA, ZIP : ASX All-Ordinaries stocks that plunged in June

Highlights In Q12022, Firefinch’s gold production met the set guidance of 10,874 ounces of gold. In the March 2022 quarter, Zip Co reported a 39% year-on-year (YoY) increment in group quarterly revenue The ASX All Ordinaries index, wh...

Kalkine Media Z1P 1 year ago
Evening Report: 1 July, 2022

ShareCafeEvening Report: 1 July, 2022 by Lauren Evans   The Australian sharemarket faded into the close, weighed down by US equity futures in a risk-off afternoon. The greenback rose against the Australian dollar, which has fallen to its lo...

ShareCafe Z1P 1 year ago
Why is the Zip share price jumping 11% today?

The S&P/ASX 200 Index (ASX: XJO) is enjoying a moderately positive end to the trading week so far this Friday. At the time of writing, the ASX 200 is up by 0.15%, close to 6,580 points. But the Zip Co Ltd (ASX: ZIP) share price is doi...

Motley Fool Z1P 1 year ago
Why did the Zip share price crash over 50% in June?

It certainly was a month to forget for the Zip Co Ltd (ASX: ZIP) share price in June. Over the 30 days, the buy now pay later (BNPL) provider’s shares lost a massive 52% of their value. This made the Zip share price the worst performer...

Motley Fool Z1P 1 year ago
June was a terrible month for ASX BNPL shares. Here’s why

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...

Motley Fool Z1P 1 year ago
These were the worst performing ASX 200 shares in June

The S&P/ASX 200 Index (ASX: XJO) had a month to forget in June. Rate hikes, recession fears, and rising inflation led to the benchmark index losing 8.9% of its value to finish at 6,568.1 points. While a large number of shares fell wit...

Motley Fool Z1P 1 year ago
Own CBA shares? Here’s how the major bank’s bet on Klarna is holding up

Owners of Commonwealth Bank of Australia (ASX: CBA) shares may want to know how much of a gain the big four ASX bank has made on its investment in buy now, pay later business Klarna. Klarna isn’t a listed business. But, on the ASX there ar...

Motley Fool Z1P 1 year ago
Zip shares sink 6% despite BNPL spend doubling this financial year

The Zip Co Ltd (ASX: ZIP) share price is almost 6% in the red today amid weakness in the Buy Now Pay Later (BNPL) sector. Zip shares are currently swapping hands at 44.7 cents apiece, a 5.89% fall. For perspective, the S&P/ASX 200 I...

Motley Fool Z1P 1 year ago
Down 6%, what is dragging the Block share price lower on Wednesday?

The Block Inc (ASX: SQ2) share price is plummeting today after the company’s US listing tumbled overnight. The Buy Now, Pay Later (BNPL) share has dropped 6.65% and is currently trading at $94.01. For perspective, the S&P/ASX 200 Index...

Motley Fool Z1P 1 year ago
ASX 200 (XJO) price down, BWX share price flops, TGR gets a bid

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) managed to deliver another strong day on Tuesday, with the ASX200 finishing 0.9 per cent higher, but it quickly reversed those gains on Wednesday. On Tuesday, five sectors we...

Rask Media Z1P 1 year ago
Evening Report: 28 June, 2022

ShareCafeEvening Report: 28 June, 2022 by Paul Sanger   The Australian share market has closed higher in Tuesday trading, extending momentum from the previous session on the back of gains in energy, mining and utility stocks. Solid gains in...

ShareCafe Z1P 1 year ago
ASX Close: Market climbs wall of worry to two-week high

The share market climbed to a two-week high as a rebound in commodity prices helped overcome scepticism about the durability of the current recovery. The S&P/ASX 200 rallied 58 points or 0.86 per cent to a fourth straight gain. The a...

themarketherald.com.au Z1P 1 year ago
Novonix share price down 6% on Tuesday, what’s happening?

The Novonix Ltd (ASX: NVX) share price is on course to record a disappointing decline. In afternoon trade, the battery technology company’s shares are down 6% to $2.33. This means the Novonix share price is now down almost 80% since the...

Motley Fool Z1P 1 year ago
Why is the Life360 share price sinking 9% today?

The rebound from the Life360 Inc (ASX: 360) share price was short-lived. In afternoon trade on Tuesday, the location technology company’s shares are down 6% to $2.90. One small positive is that this is an improvement from a 9% decline to...

Motley Fool Z1P 1 year ago
Why this economist believes ASX 200 BNPL shares are key to keeping the market competitive

ASX 200 buy now, pay later (BNPL) services are outgrowing the growth in credit cards for young consumers, a new report has found. The report, published by the Australia Institute, also claims large tech and payment platforms have a stron...

Motley Fool Z1P 1 year ago
ASX Update: Miners drive recovery into a fourth day

The share market recovery extended into a fourth session as gains in commodity exporters and defensive sectors outweighed declines in consumer and tech stocks. The S&P/ASX 200 climbed 21 points or 0.31 per cent by mid-session. Reb...

themarketherald.com.au Z1P 1 year ago
EVN, NCM, Z1P: Why these ASX shares fell over 3% yesterday

Highlights The ASX 200 ended Monday’s session 1.94% higher at 6,706. ASX-listed banking shares led the gains yesterday. However, several other shares failed to register gains, with some even falling over 20%. The Austr...

Kalkine Media Z1P 1 year ago
ASX Close: Rally accelerates as rates worries abate

Powerful rebounds in beaten-down banking and technology stocks powered the share market to its second-largest gain of the year as interest rate worries temporarily subsided. The S&P/ASX 200 surged 127 points or 1.94 per cent to its h...

themarketherald.com.au Z1P 1 year ago
Zip share price bucks the trend with 5% fall. What’s happening?

The Zip Co Ltd (ASX: ZIP) share price is tumbling on Monday despite the broader market’s day in the sun. Right now, the ASX buy now, pay later (BNPL) share is handing back some of the notable gain it racked up late last week. At the time...

Motley Fool Z1P 1 year ago
Why Evolution, Newcrest, OZ Minerals, and Zip shares are dropping today

The S&P/ASX 200 Index (ASX: XJO) is on track to start the week in sensational form. In afternoon trade, the benchmark index is up 2% to 6,708.2 points. Four ASX shares that have failed to follow the market higher today are listed bel...

Motley Fool Z1P 1 year ago
Lunch Report: 27 June, 2022

ShareCafeLunch Report: 27 June, 2022 by Lauren Evans   The Australian sharemarket has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto...

ShareCafe Z1P 1 year ago