After soaring in the pandemic-led tech boom, many of the tiny fintech stocks in this space have capitulated. A reflection of the competitive and challenging market it’s now become.
From Afterpay [ASX:APT] to Vulcan Energy Resources [ASX:VUL], BNPL and lithium stocks are under heavy selling pressure today as markets worry about Omicron and inflation.
Novonix [ASX:NVX] shares fell 25% before entering a trading halt, while BNPL stocks Openpay Group [ASX:OPY] and Splitit Payments [ASX:SPT] rose on trading updates.
Zip says acquiring Twisto is an entry point to one of the world’s largest eCommerce markets, with access to all 27 member states of the European Union (EU). Zip Co [ASX:Z1P] share price is currently up 4%:
The Splitit [ASX:SPT] share price is down today following the release of its first-quarter update. At time of writing SPT shares are down 6.5%, trading at 79.5 cents...
