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The Zip Co Ltd (ASX: Z1P) share price is lapping up the attention of investors today.

Heading into the afternoon, the buy now, pay later (BNPL) provider is the best performing company in the S&P/ASX 200 Index (ASX: XJO). In specific terms, shares in Zip are trading 10.69% higher to $5.28, bringing its price back to pre-December levels.

Let’s take a look at what might be moving the Zip share price on the ASX today.

Is Zip staging a comeback on the ASX?

No doubt Zip Co shareholders are rejoicing today as the company’s shares look set to cement its second consecutive day of rising more than 9%. Not even news of new payment system reforms made by Treasurer Josh Frydenberg has rained on Zip’s parade on Wednesday.

The $2.8 billion company is not alone in its prosperous session. It’s sharing the gains with other BNPL competitors, indicating the rally seems to be more sector-wide. Other ASX-listed payment companies enjoying a positive nudge today include Tyro Payments Ltd (ASX: TYR), Afterpay Ltd (ASX: APT), and EML Payments Ltd (ASX: EML).

The catalyst could be partially thanks to a good showing from US-listed tech and payments companies overnight. In a similar fashion, the likes of Affirm Holdings Inc (NASDAQ: AFRM), Square Inc (NYSE: SQ), and Paypal Holdings Inc (NASDAQ: PYPL) jumped 10.6%, 5.5%, and 3.3% respectively.

Point of difference

However, Zip is outperforming many other ASX-listed payments peers, so there might be more to it. The only company-specific news circulating on Wednesday is the group’s newest appointment. Former Deliveroo (LON: ROO) CEO Levi Aron has been appointed as chief growth officer of Quadpay (Zip’s US operations).

Commenting on the new addition, Zip US co-CEO Adam Ezra said:

Levi is a proven, entrepreneurial leader who will help drive our growth strategy and deliver exceptional value for our consumers, merchant partners, and shareholders.

Moreover, this news is on the back of the company’s November trading update, released yesterday. Shares in Zip launched higher on the ASX after the company reported an 86% increase in transaction numbers. Additionally, customers rose 71% to 9.2 million compared to the prior corresponding period.

Finally, the Zip share price has fallen 15% in the last month. Undoubtedly, shareholders will be hoping to see a turnaround in performance. Comparatively, the S&P/ASX 200 Index (ASX: XJO) is only down roughly 0.8% in the last month.

The post Why is the Zip (ASX:Z1P) share price zooming 9% higher today? appeared first on The Motley Fool Australia.

More reading

• Why Life360, Oil Search, Telix, and Zip shares are storming higher
• Here’s why ASX BNPL shares are in the spotlight today
• Here are the 3 heaviest traded ASX 200 shares this Tuesday so far
• Why Bank of Queensland, Imugene, Webjet, and Zip shares are pushing higher
• ASX 200 (ASX:XJO) midday update: Zip update impresses, BOQ rises

Motley Fool contributor Mitchell Lawler owns shares of AFTERPAY T FPO and EML Payments. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO, EML Payments, Square, Tyro Payments, and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO and EML Payments. The Motley Fool Australia has recommended Tyro Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The AGL Energy Ltd (ASX: AGL) share price is edging into positive territory today. This comes as the Australian energy giant struck a deal with the Fortescue Metals Group Limited (ASX: FMG) subsidiary, Fortescue Future Industries.

At the time of writing, AGL shares are swapping hands for $5.55, up 0.54%.

What’s been announced?

Investors appear pleased about the company’s latest prospect, sending the AGL share price into the green.

In its media release, AGL advised of plans to transform its Liddell and Bayswater power stations into a green hydrogen facility.

A signed Memorandum of Understanding (MOU) with Fortescue Future Industries will look at ways to achieve clean energy. This will see a 12-month feasibility study which will map key operational and commercial plans for the project.

AGL wants to power the site with clean energy through grid scale batteries, solar thermal storage, wind and pumped hydro.

The Liddell coal power station is due to close in early 2023, and Bayswater is expected to follow suit in 2025.

Early estimates suggest that the new project could support a hydrogen facility of a gigawatt scale. However, that would be subject to renewable energy costs, firming requirements, electrolyser capital costs, logistics and demand for hydrogen product.

Notably, upon completion, the Hunter Energy Hub will be the first of its kind in Australia.

AGL has embarked on a massive change to become a clean producer of sustainable, secure and affordable electricity.

The company is already commencing construction of a 250MW grid-scale battery at the Torrens Island gas hub in Adelaide. Furthermore, it has also received planning approval for a 200MW, four-hour big battery at the site of Loy Yang power station in Victoria.

AGL CEO and managing director, Graeme Hunt commented:

We have a long history of supporting the development of new technology as early investors in wind and other renewables and we want to do the same in partnerships with Australia’s emerging hydrogen industry.

Fortescue is leading the charge on the development of green hydrogen in Australia and abroad, and we are excited to bring our site and expertise in large-scale renewable generation to the fold.

AGL share price recap

Since this time last year, the AGL share price has continued to plummet in value, losing almost 60%. The company’s shares moved on a downward trend throughout 2021, reflecting weak investor sentiment.

Based on today’s price, AGL presides a market capitalisation of $3.65 billion, with approximately 658.38 million shares outstanding.

The post AGL (ASX:AGL) share price climbs amid Fortescue Hydrogen partnership news appeared first on The Motley Fool Australia.

More reading

• Own AGL (ASX:AGL) shares? Report finds 73 environmental risks at power plant
• What happened to the AGL (ASX:AGL) share price in November?
• Here are the top 10 ASX shares today
• Why is the AGL (ASX:AGL) share price having such a stellar day?
• Own AGL (ASX:AGL) shares? Here’s how the company could be set to raise $500m

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Allkem Limited (ASX: AKE) share price is having a strong day on Wednesday.

At the time of writing, the lithium miner, formerly known as Orocobre, has seen its shares rise 4% to $8.87.

This means the Allkem share price is now up almost 100% in 2021.

Why is the Allkem share price rising?

Investors have been bidding the Allkem share price higher this week after S&P Dow Jones Indices revealed that it was adding the company to the illustrious ASX 100 index at the next quarterly rebalance.

This can be a big boost for a company’s shares for a couple of reasons. One is that index funds that track the index have to buy shares to reflect the change.

The other is that many fund managers have strict investment mandates. This often includes only being able to buy shares in certain indices such as the ASX 100 or ASX 200. And given the limited options on the ASX 100 for exposure to the clean energy transition, this makes Allkem a potentially attractive option for fund managers.

Where next for its shares?

One leading broker that is recommending Allkem to clients at the moment is Macquarie Group Ltd (ASX: MQG).

Its analysts currently have an outperform rating and $12.00 price target on the company’s shares.

Based on the current Allkem share price, this implies potential upside of 35% over the next 12 months. Not bad considering its shares have already almost doubled in value this year.

Macquarie likes Allkem due to its exposure to both lithium brine in South America and lithium spodumene production in Australia. It feels this leaves the company well-placed to benefit from the insatiable demand for lithium from the electric vehicle market.

The post Why is the Allkem (ASX:AKE) share price in the spotlight this week? appeared first on The Motley Fool Australia.

More reading

• Orocobre (ASX:ORE) share price pushes higher amid ASX 100 inclusion
• 10 ASX shares to buy in 2022
• Here are the top 10 ASX shares today
• Why AMP, Collins Foods, Credit Corp, and Orocobre shares are charging higher
• Why the Orocobre (ASX:ORE) share price is up 6% to a record high today

Motley Fool contributor James Mickleboro owns shares of Allkem Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Boss Energy Ltd (ASX: BOE) share price is surging upwards today on the back of news of its Honeymoon uranium project.

The company is continuing to make progress towards re-starting uranium production at the project which has been out of action since 2013.

At the time of writing, the Boss Energy share price is $2.46, 3.8% higher than its previous close.

Let’s take a closer look at today’s news from the minerals exploration company.

Boss Energy share price surges on project update

Wednesday is a good day on the ASX for the Boss Energy share price. It’s taking off after the company announced it’s more than halfway with the Honeymoon project’s front end engineering design.

The company’s getting the project ready so it can hit the go button as soon as it’s commercially feasible.

Honeymoon’s previous owners stopped commissioning the project in 2013 during a period of low uranium prices. However, the price of the commodity has surged in recent months.

The project’s front end engineering design is set to be completed in the first quarter of 2022. That will allow detailed design work to begin as soon as a final investment decision is made.

Boss Energy managing director Duncan Craib said making sure the project is ready to hit the ground running will allow the company to “capitalise on a rising uranium price at the moment of our choosing”.

The company has also nearly finished piping and instrumentation diagrams for the project. It has already organised Honeymoon’s power supply and optimised its wellfields.

The Honeymoon project’s global mineral resource currently stands at 71.6 million pounds with an average grade of 620 parts per million of uranium oxide, using a cut-off grade of 250 parts per million.

Right now, the Boss Energy share price is 215% higher than it was at the start of 2021. It has also gained 10.3% over the last 30 days.

The post Here’s why the Boss Energy (ASX:BOE) share price is busting 4% higher today appeared first on The Motley Fool Australia.

More reading

• Is the Boss Energy (ASX:BOE) share price really up 500% today?
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Telix Pharmaceuticals Ltd (ASX: TLX) share price is escalating today amid news of a Spanish partnership deal.

At the time of writing, the biopharmaceutical company’s shares are up 7.39% trading at $7.41.

Telix is a Melbourne-based diagnostic and therapeutic company with international operations in Belgium, Japan, Switzerland and the United States.

What’s the deal?

In today’s release, Telix announced it has formed an exclusive commercial agreement with Nucliber, based in Madrid. The Spanish company will distribute Telix’s prostate cancer imaging product Illuccix to the Spanish market.

Illuccix is Telix’s lead product for prostate cancer imaging with approval from the Therapeutic Goods Administration. According to the company, prostate cancer was the most commonly diagnosed cancer in men in Spain in 2020.

Telix said it selected Nucliber due to its track record delivering gallium generators across Spain.

Telix is also working on gaining market authorisation for the use of Illuccix in the United States, Canada and Europe.

Comment from management

Speaking on the announcement, Telix EMEA president Richard Valeix said:

Nucliber is a leading nuclear medicine company in Spain and we are therefore pleased to have entered into this commercial distribution agreement as we prepare for the European launch of Illuccix.

Collaborating with such an established and patient-centric leader in radiopharmaceuticals will help Telix to deliver on the promise of nuclear medicine with the ultimate aim to improve outcomes for Spanish men living with prostate cancer.

Telix share price snapshot

The Telix share price has been skyrocketing in 2021, up 96%. And in the past 52 weeks, it has gained 97%. For comparison, the All Ordinaries Index (ASX: XAO) has returned around 11% in the past year.

Over the past month, Telix shares are up 27%.

The post Telix (ASX:TLX) share price lifts 7% on new distribution agreement appeared first on The Motley Fool Australia.

More reading

• Why Life360, Oil Search, Telix, and Zip shares are storming higher

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Emmerson Resources Limited (ASX: ERM) share price is off to the races today. Shares are up a stellar 143.24% at the time of writing, to 18 cents per share.

Below we take a look at the ‘stunning’ copper results driving investor interest in the ASX junior resource explorer.

What copper results did Emmerson report

The Emmerson Resources share price is surging after the company reported ‘stunning’ copper results at its Hermitage Project. The Hermitage Project is located in Tennant Creek in the Northern Territory.

According to the release, reverse circulation (RC) drill hole HERC003 intersected continuous mineralisation of 117 metres at 3.38% copper from 75 metres including:

• 30m at 7.26% copper and 2.69 grams per tonne gold from 162m including:
  • 3m @ 14.91g/t gold and 4.24% copper to end of hole

Likely also offering a boost to the Emmerson Resources share price today is the revelation that the RC drill hole was abandoned in mineralisation at a depth of 192 metres. Though, the miner said it will continue to drill deeper with a diamond tail in 2022.

The company also reported positive gold and copper results from a second drill hole. Assays from a third hole are pending.

Commenting on the results, Emmerson Resources managing director Rob Bills said:

These results are some of the best seen in the Tennant Creek Mineral Field as they reflect very extensive, high-grade copper mineralisation, with intervals of high-grade gold and cobalt – all associated with iron-oxides of hematite and magnetite. Whilst it is still early days, the metal zonation and mineralisation in drill hole HERC003 displays increasing gold and copper grades with depth – the subject of future diamond drilling.

Furthermore, noting that the Hermitage and Jasper Hills projects, which are in mining leases owned by Emmerson Resources, haven’t seen any modern exploration, Bills said the area is now a key priority for future exploration.

Emmerson Resources share price snapshot

The Emmerson Resources share price is up 127% in 2021. For context, that well outpaces the 12% gains posted by the All Ordinaries Index (ASX: XAO).

Over the past month, the ASX microcap stock is also up 125%

The post Emmerson Resources (ASX:ERM) share price explodes 143% on ‘stunning’ copper results appeared first on The Motley Fool Australia.

More reading

• Here’s why the Life360 (ASX:360) share price is leaping 12% today
• Woodside (ASX:WPL) share price rises on $5 billion new energy plan
• What’s impacting the Aristocrat (ASX:ALL) share price today?
• Why Life360, Oil Search, Telix, and Zip shares are storming higher
• Here’s why the Race Oncology (ASX:RAC) share price is climbing today

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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It’s a good day on the ASX for the Life360 Inc (ASX: 360) share price after news broke that, if all goes to plan, the company will be added to the S&P/ASX 200 Index (ASX: XJO) this month.

Interestingly, the reason behind the location technology company’s expected inclusion is entirely out of its control.

At the time of writing, the Life360 share price is $11.54, 11.71% higher than its previous close.

Let’s take a closer look at the news driving the software development company’s stock higher today.

Here’s why the Life360 share price is surging on Wednesday

The Life360 share price is surging on news the company will benefit from the merger of energy giants Santos Ltd (ASX: STO) and Oil Search Ltd (ASX: OSH).

S&P Dow Jones Indices announced Life360 will be taking the place of Oil Search on the ASX 200 when (and if) the planned merger is finalised.

Oil Search shareholders gave the merger the go-ahead yesterday. More than 95% of those who voted were in favour of the transaction.

Additionally, Santos announced the merger has been given the green light by the Independent Consumer and Competition Commission of Papua New Guinea this morning.

There are still some conditions the transaction must clear before Life360 is given its place among the ASX giants. One is PNG court approval. However, it’s looking promising.

S&P Dow Jones Indices is preparing to remove Oil Search from the ASX 200 on 13 December. That’s also when it’s expected to be delisted.

If Life360 is admitted to the index as planned, it will be one of its smaller members. Though, the company has grown significantly this year.

Right now, the Life360 share price is 203% higher than it was at the start of 2021.

The post Here’s why the Life360 (ASX:360) share price is leaping 12% today appeared first on The Motley Fool Australia.

More reading

• Why Life360, Oil Search, Telix, and Zip shares are storming higher
• 5 things to watch on the ASX 200 on Wednesday
• 10 ASX shares to buy in 2022
• Why multiple experts are HOT on this ASX tech share right now
• Why is the Life360 (ASX:360) share price climbing today?

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Life360, Inc. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Woodside Petroleum Limited (ASX: WPL) share price is rising after the resources business revealed a plan to invest $5 billion in emerging new energy markets by 2030.

Woodside wants to invest in new energy so that it’s an “early mover” in the market and support the decarbonisation goals of its customers.

New energy

In recent months, it has announced progress on four new energy projects: H2 Perth and H2TAS in Australia and Heliogen and H2OK in the US. Those projects are designed to be phased, starting small with the potential to build scale.

H2Perth is targeting around 110,000 tpa of hydrogen production, with future capacity of up to 550,000 tpa of hydrogen for export (in the form of ammonia and liquid hydrogen).

H2TAS is targeting 200,000 tpa of ammonia and a 300 MW electrolysis component. It has the potential to support up to 1.7 GW of electrolysis.

H2OK is initially targeting around 33,000 tpa of liquid hydrogen with a future capacity of up to 65,000 tpa.

Finally, Heliogen (which is “breakthrough” solar technology) is initially targeting 5MW. The concentrated solar energy system has the potential to deliver clean energy with nearly 24/7 availability.

Each of those project locations have been chosen for specific reasons, preferably near available renewables or close to market, ensuring they are customer led.

Woodside’s roadmap

In today’s presentation at the investor day, Woodside talked about its plans for the 2020s as well as looking to 2030 and beyond.

For the mid-2020s it talked about scaling up its carbon offset projects, scaling up carbon offset projects, exporting ammonia from Australia, developing carbon capture utilisation (CCU) opportunities and progressing its carbon capture and storage (CCS) opportunities.

Woodside outlined that hydrogen for heavy vehicle transport is expected to play a key role in realising climate targets. Truck manufacturers are scaling up hydrogen fuel cell operations. The energy business said that there is “line of sight to diesel price parity”.

Ammonia for power generation is another area of focus. Woodside said ammonia is transportable and it’s a price competitive option to reduce carbon emissions. The company is exploring opportunities with existing customers.

In the 2030s, it’s targeting this new energy at scale. It will be exporting liquid hydrogen from Australia, scaling-up CCS activities and expanding production to match market scale.

Other highlights from the presentation

Woodside also highlighted its opportunities relating to its current resources and projects including Scarborough and Pluto Train 2 which have been approved and are expected to generate $26 billion of net cashflow.

It also mentioned the merger with BHP Group Ltd (ASX: BHP) which is expected to deliver at least $400 million of estimated annual savings which is expected to be realised by the end of 2023.

With the potential growth opportunities it’s going to prioritse the highest return options and with its exploration it’s going to focus on high-quality prospects.

It will continue to maintain a dividend based on a target payout ratio of between 50% to 80%.

Woodside share price snapshot

The Woodside share price is currently up around 2.5% at the time of writing.

However, over the last two months Woodside shares are still down around 11%.

The post Woodside (ASX:WPL) share price rises on $5 billion new energy plan appeared first on The Motley Fool Australia.

More reading

• Why has the Woodside (ASX:WPL) share price had such a slow start to December?
• 5 things to watch on the ASX 200 on Wednesday
• Why did the Woodside (ASX:WPL) share price go backward in November?
• 5 things to watch on the ASX 200 on Tuesday
• Own Woodside (ASX:WPL) shares? Why this expert is watching LNG demand in Asia

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Shares in gaming and casino management systems company Aristocrat Leisure Limited (ASX: ALL) are inching higher today and now trade at $45.16.

Investors are opening long positions in Aristocrat following a set of company announcements advising on an upcoming acquisition and management restructure. Here are the details.

What was announced?

Aristocrat refers to a previously announced acquisition plan to purchase the world’s largest online gambling software provider, Playtech Plc.

The acquisition was announced back in October where the pair recommended an all cash transaction of 680 British pence for each Playtech share.

Rival bidder JKO Play Limited has also stepped into the race, and Aristocrat today notes an announcement by the UK Takeover Panel on the matter.

The panel advised that the latest date by which time JKO Play must clarify its position on the deal is 5 pm on 5 January 2022.

This date is seven days prior to the date of the Playtech shareholder meetings in relation to the Aristocrat offer on 12 January 2022, per the release.

By this time, JKO must either announce its intention to make an offer for Playtech under the UK Takeover legislature or instead advise that it does not intend to make an offer for the company.

What else did Aristocrat release?

Aristocrat also advised that its Chief Financial Officer Julie Cameron-Doe has resigned after 8 years with the company, to take on a new venture as CFO of Wynn Resorts, Ltd.

Cameron-Doe leaves the role after a tenure of 4 years and will continue on through her 6 month contractual notice period whilst facilitating a handover to the incoming CFO.

Speaking on Cameron-Doe’s departure, Aristocrat’s CEO and managing director, Trevor Croker said:

Julie has been an exceptional partner to me and the leadership group over the past four years, as Aristocrat’s scale, diversity, resilience and cultural growth has accelerated.” “I regret but fully respect Julie’s decision to seek a new opportunity at this time, for personal and family reasons, after many successful years with Aristocrat. I look forward to working through a smooth transition process with Julie in the coming months, and to providing an update on Julie’s successor in due course.

Aristocrat share price summary

In the past 12 months, the Aristocrat share price has gained 45% after rallying 46% this year to date.

But, it has taken a backward step in the last month and is trading 6% lower in that time.

The post What’s impacting the Aristocrat (ASX:ALL) share price today? appeared first on The Motley Fool Australia.

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The author has no positions in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another strong gain. At the time of writing, the benchmark index is up 1.05% to 7,391.5 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are storming higher:

Life360 Inc (ASX: 360)

The Life360 share price has jumped 11% to $11.46. There have been a couple of catalysts for this strong gain. One is a rebound by tech stocks today following a strong night on the tech-focused Nasdaq index. The other is news that the app maker’s shares will be added to the ASX 200 index at the quarterly rebalance later this month.

Oil Search Ltd (ASX: OSH)

The Oil Search share price is up 3% to $4.24. The reason Life360 is joining the ASX 200 is because Oil Search is leaving it. This is due to news that the company’s merger with Santos Ltd (ASX: STO) is going ahead. This follows a successful shareholder vote and approval from the Independent Consumer and Competition Commission of Papua New Guinea.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix share price is up 8.5% to $7.48. This morning the biopharmaceutical company announced an exclusive commercial distribution agreement with Madrid-based NUCLIBER for its prostate cancer investigational imaging product Illuccix in the Spanish market.

Zip Co Ltd (ASX: Z1P)

The Zip share price has jumped 10% to $5.26. This buy now pay later provider’s shares were given a boost today when analysts at UBS took their sell rating off the company. According to the note, the broker has upgraded Zip’s shares to a neutral rating with a $5.20 price target. While Zip’s total transaction value is tracking below its estimates, the broker saw a better risk/reward on offer with its shares to support a neutral rating.

The post Why Life360, Oil Search, Telix, and Zip shares are storming higher appeared first on The Motley Fool Australia.

More reading

• Here’s why ASX BNPL shares are in the spotlight today
• 5 things to watch on the ASX 200 on Wednesday
• Here are the 3 heaviest traded ASX 200 shares this Tuesday so far
• Why Bank of Queensland, Imugene, Webjet, and Zip shares are pushing higher
• Oil Search (ASX:OSH) shareholders give green light for Santos merger

Motley Fool contributor James Mickleboro owns shares of Life360, Inc. and TELIXPHARM DEF SET. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Life360, Inc. and ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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