Why Afterpay’s Share Price Has Climbed Over 18%

At time of writing, Afterpay’s share price is up 18.34%, currently trading at $20.35. The technology-driven payment company which offers a ‘buy now, pay later’ (BNPL) service to leading retailers, currently has over 3.1 million customers and more than 23,000 retails merchants on board.

Afterpay Share Price Update

In a bad day for the company, the share price of Afterpay Touch Group Ltd [ASX:APT] is down 9.8%, at time of writing. This has been a volatile month for the company, with good news about its expansion into the US market providing buoyancy between the troughs.

Afterpay’s Share Price Plummets 4% after Ending Week in Red

The Afterpay Touch Group Ltd [ASX:APT] share price has fallen, after their US peers ended last week in red. The US tech industry as a whole lost a combined US$75 billion in market value on Friday. The Federal Open Market Committee (FOMC) made some hostile comments recently, which may have scared away tech investors.
Money Morning Australia