At lunch on Tuesday the S&P/ASX 200 Index (ASX: XJO) has given back the majority of its morning gains and is trading largely flat at 6,977.2 points.
Here’s what has been happening on the market today:
Zip Q3 update impresses
The Zip Co Ltd (ASX: Z1P) share price is rocketing higher today following the release of its third quarter update. During the three months ended 31 March, the buy now pay later provider continued its very strong growth. Thanks to a 195% increase in transaction numbers to 12.4 million and a 114% jump in quarterly transaction volume to $1.6 billion, Zip’s revenue grew 80% to a quarterly record of $114.4…