The Afterpay stock has been on the decline since February 15, 2021. The stock had shown signs of recovery only for it to drop again today after the postponement of a meeting to vote on a 29 billion Square deal.
Investors however still believe the bear trend is coming to an end especially after the company started “Buy Now, Pay Later” subscriptions in the USA eight days ago.
To help stock traders eying the Afterpay stock, Invezz has created a brief article on what it is and the best places to trade it.
To find out more, please continue reading.
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What is Afterpay stock?
Afterpay stock is the stock of Afterpay Limited US and it trades on NASDAQ under the symbol NASDAQ: AFTPF.
Afterpay Limited is an Australian financial technology company that was founded in 2014. It was formerly called Afterpay Touch Group Limited before changing its name to Afterpay Limited in November 2019
The Afterpay LTD Company has several subsidiaries in the world including Afterpay Asia Pacific that operates the Afterpay platforms in Asia, Australia, and New Zealand. There is also AfterPay North America that operates Afterpay platforms in the USA and Canada and the Clearpay subsidiary that operates Clearpay platforms in Europe and the United Kingdom.
Should I buy the Afterpay stock today?
If you want to invest in the dip of a stock whose possibility of turning green is extremely high, then Afterpay is a perfect choice.
Afterpay stock price prediction
It is difficult to provide a precise price prediction of the Afterpay stock price, the stock is expected to close the year on an upwards trend above $75.
Afterpay stock social media coverage
The post Where to buy Afterpay stock dip today after the postponement of a meeting to vote on $29B Square deal appeared first on Invezz.