Articles On Zip Co (ASX:Z1P)

It was another difficult day for the domestic market with the Nasdaq entering a bear market and Chinese technology continuing to sell off, putting further pressure on sentiment and the ASX’s position as a ‘risk on’ market. Ultimately the S&...

Local shares slipped 0.73% today as the Reserve Bank (RBA) warned the war in Ukraine could cause higher inflation and lower growth globally. In its minutes from the March 1st meeting, the RBA also warned of further disruptions to the global...

Mining stocks steered the ASX lower as Chinese Covid lockdowns and tentative optimism about Russia-Ukraine peace talks sapped recent gains in commodity prices.   The S&P/ASX 200 declined 52 points or 0.72 per cent. Bulk metals maj...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is currently down 0.7% to 7,100.5 points. Four ASX shares that are falling more than most...

Aussie shares retreated as declines in commodity prices weighed on miners and energy producers. The S&P/ASX 200 eased 56 points or 0.79 per cent by mid-session. Gains in banks, industrials and property stocks were outweighed by sh...

The Zip Co Ltd (ASX: Z1P) share price is currently down 6% at the time of writing. This means the buy now, pay later (BNPL) player has hit another 52-week low. Zip has seen its shares decline by 66% since the start of 2022. It has fallen m...

We all know that 2022 hasn’t been the kindest year to ASX shares thus far. Even after today’s robust gains on the market, the S&P/ASX 200 Index (ASX: XJO) remains down 5.8% year to date. However, that’s nothing compared to the Xero Lim...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a strong gain. The benchmark index is currently up 1.1% to 7,142.8 points. Here’s what is happening on the ASX 200 today: Elders shares jump The E...

By Greg Peel Taking Cover I suggested on Friday morning the local market would likely pull back in Friday’s session given no one wants to take risk home at such a time. Despite the futures suggesting a -38 point fall, the ASX200 opened up 2...

A volatile week ended with a loss as investors reassessed the risks of rising costs derailing the post-pandemic global rebound.   The S&P/ASX 200 fell 67 points or 0.94 per cent today. The decline sealed a weekly loss of 47 points or...

Highlights ZIP Co Limited traded in red after the company opened its AU$50 million share purchase plan (SPP) for eligible shareholders today.

Today Zip Co Ltd (ASX: Z1P) released its share purchase plan (SPP) to eligible shareholders to fund the merger of Sezzle Inc (ASX: SZL). Here’s why I would be avoiding it for now. Key details Before diving into the nitty-gritty of the SPP,...

The share market’s push for a third straight gain floundered as strength in mining stocks was outweighed by weakness across the wider market. A 21-point opening rally gave way to a mid-session loss of 58 points or 0.82 per cent on the S&...

Highlights The benchmark ASX 200 was trading 0.15% up at 7,141.2 in the first 10 minutes of trading. The consumer price index in the US surged to a 4-decade high of 7.9%. European Central Bank (ECB) sped up the end of its gigantic sti...

The Zip Co Ltd (ASX: Z1P) share price is on course to end the week in a positive fashion. In morning trade, the buy now pay later (BNPL) provider’s shares are up 2.5% to $1.75. This follows the opening of the company’s share purchase plan...

Zip Co (Z1P) opens a share purchase plan (SPP) to investors to raise $50 million Shareholders can subscribe for up to $30,000 worth of new shares for the lesser of $1.90 or a 2 per cent discount to Zip’s volume weighted average price The n...

Highlights The ASX 200 futures were trading 0.4% down at 7,101 by 7:05 AM AEDT on Friday. The US recorded a 7.9% jump in the consumer price index in February 2022. The Australian dollar was hovering around $0.7309, by 8:20 AM AEDT....

On Thursday, the S&P/ASX 200 Index (ASX: XJO) was a strong performer and stormed higher. The benchmark index rose 1.1% to 7,130.8 points. Will the market be able to build on this on Friday and end the week on a high? Here are five thin...

Today, the S&P/ASX 200 Index (ASX: XJO) caught the wave of optimism that flowed on from a stellar showing on US markets last night. At the end of the session, the benchmark index finished 1.1% higher at 7,130.8 points. The biggest con...

Local shares were up just over 1% today, following the rally in global equity markets overnight. Wall Street and UK stock markets surged strongly after Ukranian President Volodymyr Zelensky said he was open to compromise on some of Russia’s...

The share market logged its highest close in a week after a sharp retreat in commodity prices soothed concerns about inflation and global growth. The S&P/ASX 200 climbed 78 points or 1.1 per cent to 7130.8.   A “risk on” session s...

The Zip Co Ltd (ASX: Z1P) share price is taking flight on Thursday despite there being no announcements from the buy now, pay later (BNPL) company. In afternoon trade, shares in the instalment payment provider are up 8.3% to $1.765. So fa...

The S&P/ASX 200 Index (ASX: XJO) is having a pretty pleasing day of trading thus far this Thursday. At the time of writing, the ASX 200 is up a pleasant 1.45% and back over 7,100 points. But that is currently being put to shame by the...

Gains in banking and growth stocks lifted the ASX towards a second-straight gain after a cool-off in commodity prices inspired Wall Street’s best night in more than a year. The S&P/ASX 200 rallied 90 points or 1.27 per cent by mid-se...

The Sezzle Inc (ASX: SZL) share price is on fire today. Technology shares are in the green, and the company had a positive update for the market. The buy now, pay later (BNPL) share is currently trading at $1.58, a 7.85% gain. In comparis...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is charging higher. The benchmark index is currently up 1% to 7,122.8 points. Here’s what is happening on the ASX 200 today: Rio Tinto share...

Sezzle (SZL) says it will cut its workforce in order to continue the business for long-term growth and establish a path toward profitability and free cash flow The cut results in the termination of approximately 20 per cent of staff in Nor...

The Sezzle Inc (ASX: SZL) share price has jumped 6% in response to a significant plan to cut costs. Sezzle is a sizeable buy now, pay later operator. It predominately operates in the US, though it’s expanding to various other regions. Sezzl...

A shift to defensive stocks cushioned the ASX against heavy selling on Wall Street as a commodities boom threatened to derail the post-pandemic global economic rebound.   The S&P/ASX 200 eased 11 points or 0.15 per cent. Energy st...

It has been another disappointing day for the Zip Co Ltd (ASX: Z1P) share price. Much to the delight of the short sellers targeting the buy now pay later (BNPL) provider, its shares have fallen a further 5% to a new 52-week low of $1.54. T...

Highlights The ASX 200 was trading 0.24% up to 7,044.2 in the first 15 minutes of trading. Wall Street's main indices fell sharply on Monday, weighed down by severe selling in megacap growth companies. The healthcare sector was the to...

World Overnight SPI Overnight 7027.00 0.00 0.00% S&P ASX 200 7038.60 – 72.20 – 1.02% S&P500 4201.09 – 127.78 – 2.95% Nasdaq Comp 12830.96 – 482.48 – 3.62% DJIA 32817.38 – 797.42 – 2.37% S&P500 VIX 36.45 + 4.47 13.9...

The founder and boss of Wilson Asset Management, Geoff Wilson, has told S&P/ASX 200 Index (ASX: XJO) companies to put the cash they’re sitting on to good use. Plenty of businesses have seen strong profit and cash flow since the onset o...

The S&P/ASX 200 Index (ASX: XJO) is taking a bit of a hammering so far this Monday. At the time of writing, the ASX 200 is down by a disappointing 0.97% at just over 7,000 points. But ASX tech shares are once again faring far worse. Th...

A high-level funds manager has divulged her fund’s strategy of offloading Zip Co Ltd (ASX: Z1P) shares and buying Pro Medicus Ltd (ASX: PME) instead. The Pro Medicus share price is down 4.48% at the time of writing at $44.10, after fallin...

The Zip Co Ltd (ASX: Z1P) share price is down 80% over the past year as the buy-now-pay-later (BNPL) sector loses its shine. Excluding the March 2020 market crash, the Zip share price is at levels April 2019 (nearly three years ago!). Will...

The Zip Co Ltd (ASX: Z1P) share price has taken another tumble on Monday. During morning trade, the buy now pay later (BNPL) provider’s shares dropped almost 6% to $1.62. When the Zip share price hit that level, it was down approximately 6...

The Zip Co Ltd (ASX: Z1P) share price hasn’t been having a great time of it lately. Zip shares are today trading at $1.65 at the time of writing, down a nasty 4.07%. That’s after the buy now, pay later (BNPL) share hit yet another 52-week...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a heavy decline. The benchmark index is currently down 0.7% to 7,059.6 points. Here’s what is happening on the ASX 200 today: AGL rejects second t...

Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes b...

By Greg Peel Nuclear Scare I The ASX200 was down only -25 points at 11am on Friday following a -0.5% fall for the S&P500 when news came through Russia had attacked Ukraine’s and Europe’s largest nuclear plant. An hour later the index wa...

News that the Russian invasion of Ukraine had resulted in a fire at one of the country’s many nuclear reactors sent shockwaves through global markets, with Fukushima returning to front of mind. Shares in Paladin Energy Ltd (ASX: PDN) bore t...

Highlights The ASX 200 snapped its 5 day winning streak today, was down 0.6% to close at 7110. Fears over Russian shelling at Europe's biggest nuclear plant in Ukraine weighed on the global market sentiment today. Investors globally r...

News of a fire at Ukraine’s Zaporizhzhia nuclear power plant after an attack by Russian forces has spooked the markets. The active power plant, located in the southeast of Ukraine and also Europe’s biggest, had caught fire after fierce figh...

The Block Inc CDI (ASX: SQ2) share price took a dive today, with a number of other tech shares following suit. The S&P/ASX 200 Info Tech Index (ASX: XIJ) fell by 3.6% today, making it the worst-performing sector on the ASX. Meanwhile,...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is off its intraday lows but still deep in the red. At the time of writing, the benchmark index is down 0.9% to 7,086.4 points. Four ASX shares that are falling more than most today...

The S&P/ASX 200 Index (ASX: XJO) is having a rather dreary finish to the week so far this Friday. At the time of writing, the ASX 200 has lost 0.82% and is back under 7,100 points. With a move of this nature, it’s perhaps no surprise...

Highlights The benchmark ASX Small Ordinaries index tumbled 2.67% to 3,159.9, by 12:30 PM AEDT. NOR, BIR and GME are a few of the ASX penny stocks making a splash today. As penny stocks are highly volatile, investors must do proper du...

Friday is proving to be a rough day for ASX tech shares, with some of the sector’s most recognisable participants among its worst performers. At the time of writing, the S&P/ASX All Technology Index (ASX: XTX) has slumped 3% while the...

The share market erased much of its gain for the week after Ukraine reported Europe’s largest nuclear power plant was on fire following a Russian attack. The S&P/ASX 200 slumped 76 points or 107 per cent by mid-session. A negative cl...