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Afterpay Ltd (APT) $113.60

It may surprise many that like the Australian Tech Sector APT is actually down for 2021 even following a takeover bid, not great when the ASX200 has rallied more than 10% over the same period. The trouble is that the bid by Twitter billionaire Jack Dorsey’s Square (SQ US) is script based hence if we see the US payment behemoths stock fall the strong likelihood is APT will follow suit.

MM is neutral APT
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Afterpay Ltd (APT)
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