The Afterpay Ltd (ASX: APT) share price is making up for lost ground after an underwhelming performance this year. Its shares are up more than 15% in April, bringing it back to break-even territory for year-to-date returns.
Why the Afterpay share price was sold off in February and March
The buy now pay later (BNPL) sector broadly topped out in early February. Just before a majority of companies announced half-year results. Whether the earlier moves had already priced solid results or perhaps a ‘buy the rumor and sell the news’ narrative was taking place. Either way, Afterpay’s…
