Why Did Zip Co (ASX:ZIP) Give Back Its Bounce So Fast?
Highlights The instalment payments group jumped on Monday ahead of its next update then slid sharply on Tuesday A cut to a price objective and a risk-off turn in technology weighed on the stock The chart now shows a failed rally inside a longer downtrend Zip Co (ASX:ZIP), the instalment payments provider with operations in the United States and Australia, rallied hard on Monday ahead of its upcoming quarterly update, only to give much of that move back on Tuesday as a technology retreat swept...