The Afterpay (ASX:APT) share price is gaining 3% today

The buy now, pay later giant is performing well on the ASX 200 today

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Afterpay Ltd (ASX: APT) shareholders could be in for a good start to the weekend – the buy now, pay later giant's share price is gaining today.

Its day in the green has come despite no news having been released by the company since Tuesday.

At the time of writing, the Afterpay share price is $109.18 – 3.16% higher than its previous closing price.

That's particularly impressive considering the broader market's moves this morning.

The All Ordinaries Index (ASX: XAO) is up a measly 0.16%. The S&P/ASX 200 Index (ASX: XJO) is only just in the green, having gained 0.09%.

Let's take a closer look at Afterpay's rise today.

two women celebrating good news on phone

Image source: Getty Images

Afterpay up on Friday

Shares in Afterpay are on the final stretch of a good week.

Afterpay shares have gained 4% since Monday, spurred by the company announcing the rollout of Money by Afterpay on Tuesday.

However, Afterpay isn't the only BNPL company to be in the green today – the Zip Co Ltd (ASX: Z1P) share price has gained 2.43% to trade for $7.16.

Additonally, the Sezzle Inc (ASX: SZL) share price is $8.14 – 0.87% more than its previous close.

Afterpay share price snapshot

Despite a good week, Afterpay is still struggling through 2021 on the ASX.

Afterpay shares have fallen 8% year to date. However, they've gained 51% since this time last year.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. 

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today.
Broker Notes

Forget CBA shares, Bell Potter says this ASX financial stock could deliver a 75% return

The broker sees potential for major upside and a generous return from this stock.

Read more »

A neon sign says 'Top Ten'.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors had a rough start to the week.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Share Market News

Charter Hall Retail REIT reveals March 2026 distribution details

Charter Hall Retail REIT has announced a 6.35 cent unfranked quarterly distribution for the March 2026 period.

Read more »

Lion roaring in the wild, symbolising a rising Liontown share price.
Broker Notes

Up 117% in a year, should you still buy Liontown shares now?

A leading analyst delivers his verdict on the soaring Liontown share price.

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Growth Shares

2 ASX shares that I rate as buys today for both growth and dividends!

Here’s why these stocks could make great buys today.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Broker Notes

Buy, hold, sell: Bapcor, Challenger, and DroneShield shares

Analysts have given their verdict on these shares this week. Are they bullish, bearish, or something in between?

Read more »

a man in a business suite throws his arms open wide above his head and raises his face with his mouth open in celebration in front of a background of an illuminated board tracking stock market movements.
Broker Notes

These ASX 300 stocks could be top buys offering 25%+ returns according to Bell Potter

The broker thinks the total returns on offer with these shares could be substantial.

Read more »

A silhouette of a soldier flying a drone at sunset.
Broker Notes

The DroneShield share price has soared 266% in a year. Time to take profits?

A leading expert offers his outlook for DroneShield’s surging shares.

Read more »