If Afterpay leaves the ASX, what happens to the shares?
Sebastian Bowen | April 26, 2021 2:23pm |
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There has been some big news coming out of buy now, pay later (BNPL) pioneer
Afterpay Ltd(ASX: APT) over the past week or so. The Afterpay share price is now up more than 22% since 31 March, but that kind of move is old hat for Afterpay investors.
No, I’m talking about the quarterly update that Afterpay provided to the markets last week, last Tuesday to be exact.
In this announcement, Afterpay gave investors what they would be used to by now. An update showing triple-digit payment volume growth, as well as a 75% growth rate in active customers. The company’s presence in the United States and United Kingdom markets are growing well, and Afterepay continues to explore new markets.