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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.

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BloombergLean L·1h ago
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.
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Zip Shares Slide 50% After Flagging Costs Tied to US Fraud Event

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Zip Shares Slide 50% After Flagging Costs Tied to US Fraud Event

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