Shares of buy now, pay later (BNPL) company Laybuy have surged nearly 70% today.
The rapid rise in the share price prompted a price query from the ASX, but the company says it is not aware of any information concerning the company that has not been announced to the market.
Laybuy?s price surge followed the doubling of fellow BNPL company Sezzle?s shares, before the company went into a trading halt.
Sezzle was also hit with a price query from the ASX, but it also said it is not aware of any information that could explain the recent trading activities of its securities.