Why is Zip Co down -35% on Thursday? It’s complicated
The Market Online·2026-02-19 02:48
Zip Co (ASX:ZIP) has seen a slaughterhouse session on Thursday. Its shares are down nearly -40% and the company’s seen $275 million worth of shares trade hands – most of that flowing out of the company’s registry, not into it. What’s going on?Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The market hasn’t liked ZIP’s half-year earnings, but that in itself is a little hard to comprehend. By all measures ...