Mega-cap stocks have significantly influenced unprofitable meme stocks like Zip Co Ltd by driving market sentiment and volatility. As mega-cap companies recover, they often attract retail investors, who may then shift their focus to meme stocks, seeking similar high-risk, high-reward opportunities. This trend can lead to inflated valuations for meme stocks, despite their underlying financial instability, as seen with Zip's dramatic price fluctuations amidst broader market movements and interest rate changes
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.37 |
Change
-0.060(1.75%) |
Mkt cap ! $4.350B | |||
| Open | High | Low | Value | Volume |
| $3.38 | $3.38 | $3.32 | $45.13M | 13.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 133695 | 9 |
View Market Depth
| Last trade - 16.18pm 08/08/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |