Buy now pay later company Openpay sinks on ASX debut

Summary

Afterpay rival Openpay is trading down 20% in its ASX float following a $50 million initial public offering. The Melbourne company's shares were trading at $1.36 at 1500 AEDT, down 15 per cent from the IPO price of $1.60, and had traded as low as 20 per cent down. "It's obviously not great from the […]