Stocks to watch
Stocks of interest at the close of trading on Wednesday, February 4.
APT - AFTERPAY - up $1.82, or 4.8 per cent, to $39.88
Z1P - ZIP CO - up 48 cents, or 12.4 per cent, to $4.35
OPY - OPENPAY - up four cents, or 3.3 per cent, to $1.24
SZL - SEZZLE - down three cents, or 1.6 per cent, to $1.88
SPT - SPLITIT - down 3.5 cents, or 6.1 per cent, to 53.5 cetns
FXL - FLEXIGROUP - up two cents, or 1.1 per cent, to $1.89
Afterpay closed in on $40 per share - hitting an intraday high of $39.95 - after Goldman Sachs said the buy now, pay later giant would surprise to the upside this earning season.
It was just five months ago that Afterpay smashed through the $30 level.
Despite Afterpay's strong performance, Bell Potter has a price target of $49.35 on the stock, said Bell Potter market analyst Jessica Amir (who owns Afterpay shares).
Klarna launching in Australia has actually had a positive effect on the stock, even though Klarna is a serious competitor, Ms Amir said.
Zip Co had a particularly strong day as well, hitting a three-month high.
TPW - TEMPLE & WEBSTER - up 66 cents, or 23.3 per cent, to $3.49
The online furniture retailer reported a 50 per cent boost in first-half revenue to $74.1 million.
Chief executive Mark Coulter said the result was driven by a 45 per cent year-on-year increase in active customers, though he said the company remained "watchful of the competitive and macroeconomic environment".
LEP - ALE PROPERY GROUP - down once cent, or 0.2 per cent, to $5.60
The property trust said a valuation of its 86 freehold pub properties put their worth at $1.17 billion, and it was receiving a 5.09 per cent yield on them.
GRB - GAGE ROADS BREWING - down 1.3 cents, or 16.7 per cent, to 6.5 cents
The craft brewer, which supplies drinks to Optus Stadium in Perth, flagged a shortfall in sales was likely contribute to a full-year guidance miss.
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