Why ASX BNPL Stocks Declined Sharply in FY22?
Many ASX-listed Buy-now-pay-later (BNPL) stocks shed over 90% in FY22. The ASX 200 plummeted nearly 10% during the given financial year. BNPL stocks were weighed down by the rise in competition in the sector and a series of interest rate hikes. In this video, we explore why ASX-listed BNPL stocks were hammered in 2022.
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