Up 24% in a month: Why are investors so excited about Zip shares? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Why did the Zip share price fly 10% higher today? fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Zip (ASX:Z1P) share price is soaring 13%, smashing another record high
Daniel Ewing | February 15, 2021 2:43pm |
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The Zip Co Ltd(ASX: Z1P) share price is soaring today despite no notable recent news from the company. Shares in the buy now, pay later (BNPL) provider have smashed the record yet again, this time posting a high of $12.39 this afternoon.
At the time of writing, the Zip share price is trading 13.16% higher at $12.26.
Why is the Zip share price flying?
With no new news today, could the Zip share price still be lifting off the momentum of the company’s most recent quarterly report? Since the report was released on January 21, the share price is up a whopping 66.4%.