Zip shares drop nearly 8% on ASX — what to watch before Feb. 19 results
Zip Co shares fell 7.6% to A$3.28 on Tuesday, bucking a 0.56% rise in the S&P/ASX 200. The drop followed the company’s announcement it will release half-year results on Feb. 19. No new trading data was issued. Traders are watching for signs of credit losses or updates before the report.