Why Affirm Holdings Stock Climbed Higher Today
Affirm Holdings (NASDAQ: AFRM) had a good day on Friday, with its stock price up about 2.4% as of 3 p.m. It had gone up as much as 7% mid-morning from the previous day's close, before settling down.
Affirm can attribute its good day to a strong earnings report from its partner Amazon.
It has been a difficult year for Affirm, as the buy now, pay later company has struggled due to inflation, higher interest rates, a slowing economy, and high expenses. The stock price is down a whopping 73% year to date.
Source Fool.com
