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Splitit shares refuse to stop with fourth positive trading day underway

Shares continue to hit new all-time highs, up 24% today to $1.94.

share price going upwards
Splitit allows online shoppers to buy goods and pay later in split interest-free payments

Splitit Ltd (ASX:SPT) shares are within reach of attaining 10-bagger status today, last priced at $1.94 just after midday.

The company completed an initial public offering (IPO) in late January 2019 with shares priced at 20 cents each.

If the shares hit $2.00, this will mean IPO investors have x10 their investment in less than 1.5 months.

READ: Splitit gains market darling status, up over 400% from IPO price

Often shares will take a breather after three strong performing days but this hasn't been the case with the buy-now, pay-later company.

Last Wednesday, the stock finished up 13.5% at $1.215 and proceeded to put on 8.0% on Thursday and 9.4% on Friday to close at $1.565.

Today the stock is up 24% to $1.94, powering higher since this morning's open at $1.65.

 

Quick facts: Splitit Ltd

Price: 1.47 AUD

ASX:SPT
Market: ASX
Market Cap: $658.16 m
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