Tech stocks led the market rally today as a number of tech companies released strong quarterly activity updates. Buy now, pay later provider Sezzle soared 8% today after revealing active customer growth of 31.6% for the March quarter, and a 20.1% rise on underlying merchant sales year-on-year. Nitro Software rocketed more than 20% after announcing a record quarter for cash receipts, and Siteminder rallied 8.56% after reporting its strongest ever March quarter with revenue of $29m.
The ASX extended Thursday?s gains into Friday?s session, boosted by a rally for tech stocks, with every sector closing the last session for April in positive territory.