Articles On Zip Co (ASX:Z1P)

Highlights The ASX 200 plunged 0.59% in the first 15 minutes of opening trade. Wall Street's main indices continued their volatile session on Thursday, ending in the red. The IT sector is leading the fall with a 2.62% cut. The Aus...

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week deep in the red. The benchmark index is currently down 1.7% to 7,030.8 points. Here’s what is happening on the ASX 200 today: Tech shares tumble The tech...

It’s a case of another day, another decline for the Zip Co Ltd (ASX: Z1P) share price on Friday. In morning trade, the buy now pay later (BNPL) provider’s shares are down 8% to a new 52-week low of $1.72. This means that the Zip share pric...

Buy now, pay later (BNPL) shares are dropping from the ASX like flies, but there could be one standing in the wings to take some of the deserted places. Former ASX favourite, Afterpay officially left the exchange earlier this year followi...

On Wednesday, we looked at three ASX shares that brokers have given buy ratings to this week. Unfortunately, not all shares are in favour with brokers right now. Three ASX shares that have just been given sell ratings by brokers are listed...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed the release of US markets and is storming higher. At the time of writing, the benchmark index is up 0.75% to 7,170.9 points. Four ASX shares that have failed to follow t...

ASX dividend shares are an essential part of all income portfolios. Especially when the official cash rate is just 0.10%. After accounting for inflation, money kept in a bank account is earning a negative return. Here are three ASX dividend...

It’s been a dramatic week for the Zip Co Ltd (ASX: Z1P) share price. Let’s start with the pause of trading last week. Fresh from announcing a major capital raise program last Friday, Zip shares subsequently went into a trading halt. The pu...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is storming higher. The benchmark index is currently up 0.7% to 7,171.7 points. Here’s what is happening on the ASX 200 today: Corporate Tra...

Highlights The benchmark ASX 200 rose 1.23% to 7,193.8 in the first 15 minutes of trading. The US and European stock markets rebounded on Wednesday, while crude prices broke above US$110 per barrel-mark. A surge in crude oil price has...

Highlights  The ASX 200 closed 0.3% higher, up 20.2 points to 7116.7 with most sectors lower aside from mining and energy stocks. Geopolitical tensions escalated as Russia further advanced its invasion of Ukraine. Crude oil prices sur...

The major miners dug the share market out of a hole after soaring commodity prices helped drive Wall Street sharply lower overnight. The S&P/ASX 200 fell 55 points in early action before a commodities-led rebound. The Australian benc...

It was all about commodities today, as the Bloomberg Commodity Spot Index recorded its biggest one-day gain in 13 years overnight. Oil, gold, coal, all rose as Russia’s escalation of attacks in the Ukraine spelt more trouble for the supply...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has bounced back from a poor start and is trading higher. At the time of writing, the benchmark index is up 0.2% to 7,112.8 points. Four ASX shares that have failed to follow the mar...

Australia’s status as a commodities world-leader helped shield it from pressure on financial markets as surging commodity prices sharpened inflationary worries. Gains in miners and oil producers helped the S&P/ASX 200 advance 16 poin...

The Zip Co Ltd (ASX: Z1P) share price is falling again on Wednesday. In morning trade, the buy now pay later (BNPL) provider’s shares are down 3% to $2.00. Why is the Zip share price falling? The Zip share price has come under pressure tod...

The Australian share market continued the post-invasion recovery, with the S&P/ASX 200 (ASX: XJO) gaining 0.7% to begin the month of March; this comes after finishing February just 1.1% higher. The ASX technology sector was the biggest...

World Overnight SPI Overnight 6997.00 – 49.00 – 0.70% S&P ASX 200 7096.50 + 47.40 0.67% S&P500 4306.26 – 67.68 – 1.55% Nasdaq Comp 13532.46 – 218.94 – 1.59% DJIA 33294.95 – 597.65 – 1.76% S&P500 VIX 33.32 + 3.17 10...

Zip Co's (ASX:Z1P) 1H22 result had been pre-released and disappointed on higher bad debts and operating expenses than we expected.

Highlights The ASX 200 closed 0.7% higher to 7,096.50. Tech shares dominated the session, and the sector was the day’s best performer, up 5.7%. Asian markets were off to a good start, as investors closely eye the geopolitical situatio...

Australian stocks rose for a third session after the Reserve Bank renewed its pledge to be patient on rates, citing the war in Ukraine as “a major new source of uncertainty”. The S&P/ASX 200 rallied into the 2.30 pm RBA announcement...

The S&P/ASX 200 Index (ASX: XJO) is enjoying a healthy day in the green so far this Tuesday. At the time of writing, the ASX 200 is up by a robust 0.84% at 7,109 points. But let’s dig a little deeper and take a look at the ASX 200 shar...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the month in a positive fashion. In afternoon trade, the benchmark index is up 0.8% to 7,105.9 points. Four ASX shares that have failed to follow the market higher today are listed...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AKE)) - Allkem ((AUA)) - Audeara ((AOF)) - Australian Unity Office Fund ((AVG)) - Australian Vintage ((DCN)) - Dacian Gold ((DBI)) - Dalrymple Bay Infrastructure ((DTC))...

Yesterday we looked at three ASX shares brokers have given buy ratings to this week. Unfortunately, not all shares are in favour with them right now. Three that have just been given sell ratings are listed below. Here’s why these brokers a...

Citi’s sell-side research branded Zip Co’s Sezzle deal “an expensive customer acquisition strategy” while Macquarie termed it a “merger out of necessity”.

The Sezzle Inc (ASX: SZL) share price has returned from its trading halt and dropped into the red. In afternoon trade, the buy now pay later (BNPL) provider’s shares are down 3% to $1.70. Why was the Sezzle share price in a trading halt? T...

Australian stocks rose for a third day as buyers continued to discount the threat of significant economic fallout from the Russia-Ukraine crisis. The S&P/ASX 200 rallied 86 points or 1.22 per cent, supported by tentatively positive U...

Highlights The benchmark ASX 200 surged 1.1% to 79.3 points in the first 15 minutes of trading. The Russian ruble hit an all-time low on Monday with Russia hit by a bombardment of Western sanctions. The IT sector is buzzing with a 4.4...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on form again and charging higher. The benchmark index is currently up 1.3% to 7,142 points. Here’s what is happening on the ASX 200 today: Zip shares tumble after raising ~$150m...

01 Mar 2022 - Zip Co (ASX:Z1P) has raised $148.7 million via an institutional placement following a proposed takeover of payments company Sezzle announced yesterday.

Zip shares fell 7.7% following resumption of trade on Tuesday after the company announced a $491 million all-scrip takeover of US BNPL Sezzle. The merger, offering a 31.7% premium on Sezzle shares based on the 30-day volume weighted average...

The Zip Co Ltd (ASX: Z1P) share price has returned from its trading halt and is tumbling lower. In morning trade, the buy now pay later (BNPL) provider’s shares were down as much as 11% to a new 52-week low of $1.96. At the time of writing...

Zip Co (Z1P) aims to raise almost $200 million to help it strengthen its balance sheet and accelerate growth The company has already raised $148.7 million through a placement and aims to raise a further $50 million through a share purchase...

The Zip Co Ltd (ASX: Z1P) share price has dropped 8% in early trading after the buy now, pay later company’s capital raising. Zip’s raising success The buy now, pay later business told investors that it had successfully completed the fully...

Rumours that Russia and Ukraine were being encouraged to come to the table for peace discussions supported the market on Monday, with the S&P/ASX 200 (ASX: XJO) gaining 0.7%. Materials surge on supply uncertainty Mining, materials and e...

The S&P/ASX 200 Index (ASX: XJO) overcame tough trading conditions to record a decent gain in February. The benchmark index rose 1.1% to end the period at 7,049.1 points. Unfortunately, not all shares were able to climb higher with the...

On Monday, the S&P/ASX 200 Index (ASX: XJO) was back on form and finished the month on a positive note. The benchmark index rose 0.7% to 7,049.1 points. Will the market be able to build on this on Tuesday? Here are five things to watch...

The Sezzle Inc (ASX: SZL) share price is under the spotlight after reporting its FY21 result and receiving a takeover bid. Sezzle is a buy now, pay later business that is operating mostly in the US. My colleague, Lachlan Burr-Jensen, has al...

ASX-listed buy now, pay later (BNPL) fintech Zip plans to acquire rival Sezzle in a $491 million all-scrip merger. The offer, now under a definitive agreement, will see Sezzle (ASX: SZL) investors swap their holding for 0.98 Zip (ASX: Z1P)...

Highlights The Australian share market closed higher today, despite Western nations ramping up sanctions against Russia as the conflict boils further. Asian stock markets traded lower. Investors now await Wall Street’s opening perform...

The ASX200 has come to a jerky halt, closing more than 50 points or 0.7% higher. The market is down 5.6% over the last 52 weeks. The ASX Emerging Companies (XEC) index ended 0.6% better. The Four Horsemen of the Apocalypse are abroad on Mon...

Meta-description: Zip Co Ltd [ASX:Z1P] is set to acquire fellow BNPL stock Sezzle Inc [ASX:SZL] in an all-scrip deal valuing Sezzle at $491 million. The post Zip to Buy Sezzle in BNPL Consolidation Deal [ASX:Z1P] appeared first on Money Mor...

Risk-off moves on global financial markets curbed a second day of share-market gains as investors fretted about the economic fallout from the Russia-Ukraine crisis. The S&P/ASX 200 climbed 51 points or 0.73 per cent. The last maj...

The tough conditions gripping the Buy Now, Pay Later sector has seen Zip Co Limited (ASX: Z1P) make an agreed takeover scrip bid for Sezzle Inc (ASX: SZL) using 0.98 Z1P shares for 1 SZL share. At Friday’s close of $2.21, this values each S...

Highlights The benchmark ASX 200 was up 0.6% to 7,034.9 in the first 15 minutes of trading. On the ASX, eight out of the 11 sectors were trading in the green today. Global markets could be setting for another volatile week in light of...

Australian stocks rose for a second session, hampered by a slump in US futures after the West turned the screws on Russia’s economy. The S&P /ASX 200 climbed 36 points or 0.52 per cent by mid-session. Oil producers, grain companie...

After reporting the FY22 half-year result, what’s the Zip Co Ltd (ASX: Z1P) share price doing? Zip is one of the largest buy now, pay later operators. However, the Zip share price has sunk 80% since the start of the year. Zip’s FY22 half-ye...

Zip Co (Z1P) has officially announced it will acquire fellow buy now, pay later stock Sezzle (SZL) for an implied value of $491 million Rumours were circulating regarding the merger of the competitors, however Zip has now put the speculati...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is having a decent start to the week. The benchmark index is currently up 0.5% to 7,031.4 points. Here’s what is happening on the ASX 200 today: Zip to acquire Sezzle for $491 millio...