Shares of Australian payments firm Zip Co. roughly halved after the company flagged A$10.1 million ($7.1 million) in expenses related to an external fraud event in the US.
Zip Shares Slide 50% After Flagging Costs Tied to US Fraud Event
Shares of Australian payments firm Zip Co. roughly halved after the company flagged A$10.1 million ($7.1 million) in expenses related to an external fraud event in the US.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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