Afterpay (ASX:APT) share price rockets on US update
The Afterpay Ltd (ASX: APT) share price has been an exceptionally strong performer on Tuesday.
In early afternoon trade, the payments company’s shares are up a sizeable 8.5% to $114.48.
Why is the Afterpay share price charging higher?
There have been a couple of catalysts for the strong rise in the Afterpay share price on Tuesday.
One is a very positive night of trade on the tech-focused Nasdaq index overnight, following an equally positive trading session on Thursday before the Good Friday holiday.
This has led to a number of Australian tech shares climbing today, sending the S&P ASX All Technology Index (ASX: XTX) hurtling higher.
Also supporting the Afterpay share price today was the release of an announcement on…