APT 0.00% $66.47 afterpay limited

I agree, there was even a day a couple of weeks ago where it...

  1. 184 Posts.
    lightbulb Created with Sketch. 14
    I agree, there was even a day a couple of weeks ago where it went up almost 7% on no news at all. So you would think a news day would result in a bigger gain. The day is pretty flat so market sentiment isn't too bad either.

    I think the only explanation is that it's priced in. The stocks value is this high because of it's potential future growth, nothing to do with its current earnings. So technically this is just an affirmation that the stock price is about right.
 
watchlist Created with Sketch. Add APT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.