Zip Co Shares Just Jumped 5.9%—Here’s What Traders Are Watching Next
Zip Co Ltd shares rose 5.88% to A$2.52 on Tuesday, leading the S&P/ASX 200 despite the index falling 0.24%. The gain followed continued on-market buybacks, with 842,465 shares repurchased June 4. No new earnings were released, but April guidance lifted FY26 cash EBTDA targets. The session was the first after the King’s Birthday holiday closure.